“Credit Bank of Moscow increased its capital by 22 billion rubles

– Credit Bank of Moscow increased its capital by 22 billion rubles due to attraction of subordinated corporate deposits, the Bank said.

The Bank’s equity capital after the inclusion of these instruments has increased by more than 10% and exceeded 230 billion rubles. The origin of the subordinated deposits, the ICD does not disclose.

At the end of 2015, “Rosneft” has placed in the ICD subordinated Deposit in the amount of $300 million for the period up to 2021, the rate of involvement amounted to 4.9% per annum. Then the Deposit was prolonged until 2025.

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