Bosnia’s Balkan Investment Bank to issue 500,000 new preferred shares

The capital hike will be considered successful if investors pay up in cash all new shares within fifteen days starting from November 26, the bank said in a filing with the Banja Luka Stock Exchange last week.

The shares will be offered at a price of 10 marka apiece, equal to their nominal value.

(1 euro=1.95583 Bosnian marka)