OREANDA-NEWS. January 29, 2007. The Board of the Lithuanian Bank permitted the Medicinos Bankas to register the amendment of the bank Statute passed according to the resolution of general meeting on of 29 March 2007 on increasing of the Bank's registered capital up to 68 875 000 litas. Currently the registered capital of Medicinos Bankas is 34 347 000 litas, reported the press-centre of Bank of Medicinos Bankas.

The Bank shareholder Saulius Karosas has acquired 71,11 percent of the qualified holding of the Medicinos Bankas' registered capital and/or voting rights, also he has acquired all shares newly issued for increasing the registered capital of Medicinos Bankas, and now holds 90,91 percent of the Medicinos Bankas shares together with his directly 100 percent controlled company Western Petroleum Limited.