The authorized capital of the Bank “National Clearing Centre” (NCC) (Closed joint-stock company) has more than doubled, from 700 million rubles to 1.735 billion rubles, as a result of an additional share issue, the report on the results of which was registered in early July by the Bank of Russia.
The additional issue of NCC shares was for 1.35 billion rubles. As part of the additional issue, 1,035,000 shares of ordinary registered uncertified shares with a par value of 1,000 rubles each were placed by private subscription.
In late April of this year, the Bank of Russia registered the decision on the additional issue of shares in the volume and par value indicated above. According to the registered decision on the additional issue, the purchaser of the shares is the ZAO MICEX, the primary shareholder of the NCC.
"The significant increase in the volume of NCCs registered capital must strengthen even more the confidence of market participants in the high degree of guarantee in the execution of deals signed by them in the MICEX exchange currency market," said Viktor Utkin, the Chairman of the Board of the ZAO AKB National Clearing Centre. He noted that "the increased authorized capital of the NCC will allow market participants to upwardly revise the limits established for the bank, which will generally promote growth in the volume of operations in the exchange currency market."
For the information of editors:
The Bank “National Clearing Centre” (Closed joint-stock company) was established in October 2005.
NCC shareholders are the ZAO MICEX (99.329 percent of registered capital) and the Not-for-Profit Partnership National Depository Center (0.671 percent). NCC received a license from the Bank of Russia to conduct banking operations in Russian rubles and in foreign currency.
The paid authorized capital of the NCC at the moment of registration was 235 million rubles.
Since December 10, 2007, the NCC has performed clearing activities as a Central Counterparty in the MICEX exchange currency market.
Press service, Bank “National Clearing Centre”, telephone 705-96-66ext. 5824; 8-916-29-49-139.
