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N. Macedonia's Halk Banka completes cap hike

N. Macedonia's Halk Banka completes cap hike Halkbank AD Skopje/All rights reserved.

SKOPJE (N. Macedonia), August 4 (SeeNews) - North Macedonia's Central Securities Depository said on Thursday that Halk Banka, owned by Turkish state-owned lender Halk Bank [IST:HALKB], has increased its capital by 1.845 billion denars ($30.5 million/29.9 million euro) through a private placement.

Halk Banka issued 184,500 shares with a nominal value of 10,000 denars apiece, the securities depository said in a notice.

Following the new share issue, Halk Banka’s capital totals 11 billion denars divided into 1,100,191 ordinary shares of 10,000 denars in par value each.

The capital increase was registered by the depository on August 3.

North Macedonia's Securities and Exchange Commission said earlier that the parent company Halk Bankasi will purchase the newly issued shares.

Halk Banka was established in 1993.

(1 euro = 61.56 denars)

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