Nadra Bank plans 10% share capital increase; POSITIVE
Nadra Bank has decided to hold a vote on an additional share issue at its AGM on May 27.
We believe that a share capital increase is a POSITIVE and necessary decision for the bank. The share capital increase will help NADR improve its capital adequacy ratio (CAR) which had reached a critical level (10.1%), almost at the minimum level required by the NBU (10%).
Andrey Zaripov Analyst (+380 44) 490-1614

