Banca Transilvania Shareholders Approve RON573.7M Capital Hike

04.28.2021 By Oana Gavrila

Shareholders of Banca Transilvania (TLV.RO), the biggest lender in Romania by assets, approved Wednesday a share capital hike of RON573.7 million from the lender's 2020 net profit and granting one free share per each 10 shares owned.

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Keywords:
THE INCREASE IN THE SHARE CAPITAL WILL BE CARRIED OUT THROUGH THE CAPITALIZATION OF RESERVES FROM THE NET PROFIT OF THE YEAR 2020
, IN AMOUNT OF RON573.7 MILLION BY ISSUING SHARES WITH A NOMINAL VALUE
, CAPITAL HIKE
, BUDGET