November 16 (SeeNews) - Bosnia’s Ziraat Bank BH [SAJ:TRZBR], a unit of Turkey’s Ziraat Bankasi, said it has increased its capital by 40 million marka ($23.3 million/20.5 million euro) by issuing new shares in a private placement.
Ziraat Bank BH issued a total of 4,000 new shares with a nominal value of 10,000 marka each, it said in a bourse filing on Monday.
Following the share issue, the bank's share capital totals 240 million marka distributed in 24,000 shares.
Turkey’s Ziraat Bankasi is the sole owner of the Bosnian bank, November 12 bourse data shows.
(1 euro = 1.95583 marka)