Tatfondbank BOD decided to place the BO-13th - BO-16th in the volume of 10bn rub., the Bank informed.
The BO-13th - BO-14th includes 2mln bonds of 1ths rub. par and is worth 2bn rub. each; BO-15th - BO-16th - 3mln bonds of 1ths rub. par (3bn rub.) each. The bonds will be placed for 10 years through the open offering.
Tatfondbank (TIN 1653016914) was formed in 1994 with 8.6bn rub. in share capital. The major co-owner is the Tatarstan government. The head
office is located in Kazan. It has 119 branches.
The 2013-net profit (RAS) increased 33.2% to gain 640.387mln rub. from 480.817mln rub.; pretax profit being up 39.3% to 701.794mln rub