Prior to joining Banca Carpatica, Nicolae Surdu served as managing director of Fortis Bank subsidiaries in Romania.

The decisions made by the bank’s administrators are to be passed by shareholders in the meeting scheduled for November 14.

Recently, Banca Comerciala Romana approved equity raise that brought it 26.82 mln lei, in a move to assure a better resilience to macroeconomic and systemic shocks.

The new capital of the bank currently stands at 228.076 million lei, divided into 2.28 bln shares at a face value of 0.10 lei.

Banca Comerciala Carpatica shares are listed at Bucharest Stock Exchange under BCC symbol. The bank has a market value of 225.4 million lei (€53.7 mln) according to yesterday’s closing quote of 0.112lei/share.