Bank of Russia decided to reduce the size of the share capital of AKB “Soyuz” (JSC) to one ruble. The corresponding order was signed in accordance with federal law “On additional measures to strengthen the stability of the banking system in the period up to December 31, 2011″ under the previously approved Board of Directors of the Bank of Russia participation plan of the State Corporation “Deposit Insurance Agency” in preventing the bankruptcy of the bank “SOYUZ” .

In accordance with the interim administration, provided the bank JSCB “Soyuz” (JSC) in bank accounts in Russia by doformirovaniya in accordance with the regulations of Bank of Russia reserves for possible loan losses based on the current situation related to the servicing of loans by borrowers bank and their financial situation, the amount of own funds (capital) JSCB “Soyuz” (JSC) has fallen to a negative value.

The subsequent increase in the authorized capital of AKB “Soyuz” (JSC) for the sum of 5 billion rubles. provided by Bank of Russia approved the Plan of Participation of the State Corporation “Deposit Insurance Agency” in preventing the bankruptcy of JSCB “Soyuz” (JSC), will be implemented after registration of changes in the constituent documents of the bank associated with a decrease in the authorized capital of up to one ruble.

As previously reported, the additional issue of shares of JSCB “Soyuz” (JSC) will be acquired by the Agency (50% plus 1 share) and Ingosstrakh. “These measures will help restore the bank”s capital and create conditions for its further development”, - stated in the department of external and public relations of Bank of Russia.
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