JSC JSCB “INTERNATIONAL FINANCIAL CLUB” doubled its authorized capital stock.

1 June

The Central Bank of the Russian Federation registered a Report on additional issue of IFC Bank’s shares. Mikhail Prokhorov became the majority shareholder. The procedure for increasing the authorized capital stock was carried out by placing additional ordinary registered uncertified shares as part of a private placement in total amounting to 560,000 (five hundred sixty thousand) shares with a par value of 5,000 (five thousand) roubles per share.

Thus, as a result of the additional issue, IFC Bank’s authorized capital stock is 5.6 bln. roubles.