On Tuesday, March 23, The Cabinet of Ministers of the Republic of Latvia voted to increase State Joint-stock Company's “Mortgage and Land bank of Latvia” (“Latvijas Hipotēku un zemes banka”) – further as „Hipoteku banka”, share capital by LVL 72,8 million by capitalizing Bank’s liabilities against Nordic Investment bank. Thus the total volume of the share capital has reached 191 601 311 lats. Increase of the share capital of Hipoteku banka goes in line with law on the state budget year 2010. 

Nordic Investment bank financing are and still will be scheduled for crediting within the Programme for Improvement of Competitiveness of Businesses. Funds invested in the share capital of the Hipoteku banka stays with the Bank and they will used to crediting businesses. The share  capital is increased to strengthen Hipoteku banka capital basis taking into account overall situation in financial markets when credit portfolio quality has worsened due to financial crisis and provisions should be made.

Hipoteku banka Capital adequacy ratio on December 31, 2009 was 12,8%. Hipoteku banka has Moody’s investment grade rating Baa3.