Raiffeisenbank Bulgaria has raised its shareholder capital from BGN 173.2m to BGN 310.1m, through the issuing of 136.9m new shares with BGN 1 par value each. The decision was taken by Raiffeisen International Bank-Holding AG, the owner of Raiffeisenbank Bulgaria. Thus, Raiffeisenbank Bulgaria's capital base has increased to BGN 594.5m. The move is aimed at supporting the dynamic development of the bank on the Bulgarian market. Raiffeisenbank Bulgaria's assets amounted to BGN 4.6bn as at the end of June 2007, up 52.46% YoY. The bank occupied 9.79% of the market in terms of assets, while its credit portfolio totalled BGN 2.62bn.