The rights issue has brought the bank a 50% boost in capital to 376.11 million lei. Intesa Sanpaolo SpA now holds 99.50% shares in the bank and the remaining 0.5% is held by Simest SpA.
The capital hike will lead to a consolidation of the bank’s position in the local market, representatives of the bank said.
“Intesa Sanpaolo Group is one of the most solid financial institutions in the world and has a high capital adequacy ratio. In this economic context, we are enjoying a strong competitive advantage, namely the support of a strong shareholder”, said Nicola Calabro (photo), chief executive of Intesa Sanpaolo Bank.
Intesa Sanpaolo Bank recorded total assets of 3.353 billion lei in the first quarter this year, up 6.5% from end-2009 level.
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 Intesa Sanpaolo Bank raised EUR30 mln in fresh new capital.