Volksbank Shareholders Make EUR120M Capital Injection, Prepare To Sell Romanian Bank

12.03.2013 By Tudor Ioana Raluca

Volksbank Romania, which is due to be sold by Volksbank Austria by the end of 2015, has received a massive capital increase of EUR120 million from its shareholders, in order to compensate for costs that led to a dramatic loss for the bank last year.

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Keywords:
volksbank
, capital
, injection