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.