PRIME-TASS. The International Finance Corporation (IFC) has entered the capital of Transcapitalbank, buying 7.7% of the shares, the lending institution said in a statement, Prime-TASS reports.
On June 6, 2011 the Bank of Russia registered Transcapitalbanks additional share issue worth Rub 270.3 mln. The additional share issues state registration number is 10102210B015D. Transcapitalbanks shareholders are spouses Olga Gryadovaya and Leonid Ivanovsky who jointly hold 34% of the banks shares after the additional share issue.
After the registration of a report on results of the securities issue German investment and development corporation (DEG) cut its holding from 10.5% to 9.1%. A new equity position held by the European Bank for Reconstruction and Development is not disclosed, according to the earlier media reports EBRD holds a 28.6% interest. In late June 2011 the bank said that IFC, apart from cash injection into its capital, would provide $18.2 mln to roll out a program to lend energy efficient projects executed by small and mid-sized enterprises in Russian regions.