Banca Transilvania increases capital by 95 million euros and goes to Vienna

Banca Transilvania Increases Capital 95 Million - Politics, Business, Civil, History - Posted: 26th Mar, 2010 - 8:20am

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Post Date: 26th Mar, 2010 - 8:20am / Post ID: #

Banca Transilvania increases capital by 95 million euros and goes to Vienna

Banca Transilvania increases capital by 95 million euros and goes to Vienna
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Banca Transilvania (TLV) the only top ten private bank controlled by local investors is trying to raise 120 million RON (29 million euros) from its shareholders via a capital increase, and will also include in its share capital the non-distributed profits of the last two years, worth 174 million RON (42.4 million euros) and the capital premiums from previous increases worth 97 million RON (23.8 million euros). Source: ZF - ZF English

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