News » February, 2011 » 2 February 2011
Banca Transilvania raises half a billion lei from Stock Exchange in six years
02.02.2011, 23:07 | Finance-Banks | 806 views
Banca Transilvania (Transilvania Bank - TLV), the biggest Romanian-controlled lender, finalised a primary offering at the end of January, targeted at employees and a limited number of private investors, whereby it raised 8.05 million lei (1.89 million euros). The shares sold had remained unsubscribed following the capital increase in November 2010, whereby the bank raised around 100.6 million lei from shareholders and from stock exchange investors who bought subscription rights in the summer. Read more on ZF.ro
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