July 6 (SeeNews) - Romania's Patria Bank, formerly known as Nextebank, said on Thursday it has increased its share capital by 156 million lei ($38.5 million/32 million euro).
Following the increase, Patria Bank's share capital totals 376.2 million lei, divided into 3.76 billion shares with a nominal value of 0.10 lei each, the bank said in a statement filed with the Bucharest Stock Exchange (BVB).
Patria Bank is owned by EEAF Financial Services BV with a stake of 78% and by Romanian businessman Ilie Carabulea with 10.8%, while the remainder is on free float on the BVB.
Patria Bank's shares were traded 2.49% lower at 0.980 lei on the BVB at 1300 CET on Thursday.
In April, Bucharest Court of Appeal approved the planned merger between Romanian lender Banca Comerciala Carpatica (BCC) and its majority owner Patria Bank.
Patria Bank operates through 111 branches located in 73 cities countrywide, has more than 240,000 customers and 3.82 billion lei in assets. It is focused on increasing the access to banking services of Romanian population and supporting local entrepreneurs.
In the spring of 2016, Nextebank, which was later renamed to Patria Bank, bought over 64% of BCC shares for 144 million lei.
(1 euro = 4.5869 Romanian lei)
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