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2009-08-17 15:27:57 CEST 2009-08-17 15:28:59 CEST REGULATED INFORMATION Lánamál ríkisins - Company AnnouncementCapitalisation of Islandsbanki and New Kaupthing and update regarding LandsbankiFurther to the announcement of 20 July 2009 and following shareholder meetings of Islandsbanki and New Kaupthing today, the Government of Iceland is pleased to announce that it has committed to capitalise Islandsbanki and New Kaupthing on the basis of compensation agreements which are in the process of being finalised with the Resolution Committees of Glitnir and Kaupthing. Islandsbanki and New Kaupthing are being capitalised with ISK 65 bn and ISK 72 bn of tier 1 capital respectively in the form of Government bonds, giving each bank a core tier 1 ratio of approximately 12 per cent. Read more at Ministry of Finance: http://www.ministryoffinance.is/Frontpage-fjr/nr/12400 |
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