Factorial Bank Boosts Statutory Fund By 64%

20 March 2008

At their AGM on March 16, Factorial Bank’s (FKTB) shareholders voted to increase the bank’s statutory fund 64.4% to USD 20.1 mln through an additional share issue. The subscription period will be in two stages from May 16 to June 12, 2007. The ex-rights date is May 16, 2007.

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