The capital increase has lifted the bank’s interest in its Romanian subsidiary to 99.58%.
In a similar move, Emporiki Bank Greece had disbursed in February this year, another €19 million in its local subsidiary, that brought its total share capital to 274.6 million lei.
Emporiki Bank Romania recorded a net loss of €18.35 million in 2009, twice the size of last year’s loss of €7.77 million. The bank’s assets declined 0.4% last year, to €182.22 million, from €183.03 million.
Emporiki Bank Romania has 35 outlets across the country. The parent bank, Emporiki Bank Greece is part of the France-based Credit Agricole that has operations in Greece, Albania, Bulgaria, Romania, Cyprus and UK.
In lipsa unui acord scris din partea InternetCorp, puteti prelua maxim 500 de caractere din acest articol daca precizati sursa si daca inserati vizibil linkul articolului Emporiki Bank agrees on 25mn lei capital hike for its Romanian subsidiary.