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Converse Bank's statutory capital has been replenished by AMD 2,429,400,000. According to the release, issued by the bank, currently, the total regulatory capital of the Bank amounts to AMD 31.9 billion, exceeding the minimum regulatory threshold. As a result of closed placement of the additionally issued shares, HayPost Trust Management B. V. Company purchased 7,693 common shares and became participant in the Bank's statutory capital with 14.06%. HayPost Trust Management B. V. Company is a company of the group managed by Eduardo Eurnekian. To maintain 5% proportion of participation by Mother See of Holy Etchmiadzin in the Bank's statutory capital, the Church purchased 405 additionally issued shares.

It should be mentioned that this is the second stage of replenishment of the Bank's total regulatory capital. In September, the Bank's principal majority shareholder - “Advanced Global Investments”, increased the Bank's statutory capital by AMD 6.6 billion, and the Armenian Apostolic Holy Church - by AMD 0.4 billion, the statement details.