Evocabank’s capital has increased by AMD 2.05 bln. The decision to encrease Evocabank’s share capital was made at Evocabank shareholders' general meeting of May 29, 2020.

As mentioned by the chairman of Management Board Karen Yeghiazaryan, the decision about increasing the bank’s capital was based on the main provisions of the strategic development plan and aimed to support the bank’s further growth and development, improve its competitive positions and contribute to implementation of business expansion policy.

“As a result of replenishment, the share capital totaled AMD 20.0 bln, while general regulatory capital - around AMD 38.0 bln, thus strengthening the bank’s leading positions in terms of capital adequacy”, was mentioned at the bank.