Emitents | Latvijas Hipotēku un zemes banka, VAS |
Veids | Būtiski notikumi |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2009-11-20 12:43:46 |
Versijas komentārs | |
Teksts |
In accordance with the decision of the bank’s shareholder, the State Joint-stock Company “Mortgage and Land bank of Latvia” (“Latvijas Hipotēku un zemes banka”) has increased its fixed capital by 43 290 000 lats; thus the total volume of the share capital has reached 78 320 911 lats. Consent to the Mortgage bank’s equity capital increase was given also by the European Commission. The increase of the
Mortgage bank’s
equity capital
supports the implementation of the internally detached development
banking activities (state aid programmes). The capital increase is
effected, using the funds of the European Regional Development
Fund, transferred to the bank already before, which are being used
for lending to entrepreneurs under target programmes.
The European Commission has also
given its consent to the Mortgage bank’s
equity capital
increase by 29.5 million lats that took place in January of this
year, thus acknowledging that the bank has complied with all the
requirements of implementation of state aid
programmes.
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