Moldova's Universalbank Raises Capital to 109.2 Mln Lei (6.9 Mln Euro)

The bank has issued 13,494 shares at a price equal to their par value of 1,660 lei each, CNPF said in a statement.

Universalbank had a capital of 86.8 million lei divided into 52,314 shares before the share issue.

The net profit of Universalbank rose to 127,004 lei in the first quarter of 2009 from 35,301 lei net profit a year earlier.

(1 euro=15.8414 Moldovan lei)