Russia’s RUSFINANCE BANK (controlled by SOCIETE GENERALE) has decided to raise the equity capital to R6.017 billion through an additional contribution by the sole participant in an amount equalling R702 million. In connection with the increase in the bank’s equity capital, its charter will be amended. The sole participant in the bank is RUSFINANCE SAS, France.
Source: BANKIR.RU, March 6, 2007
