Last update: 21.07.2024 20:56 (GMT+3)
Hansapank NEWS RELEASE 03/01/2004
INCREASE OF SUBSIDIARY'S SHARE CAPITAL
The annual general meeting of shareholders of Hansabank’s Latvian
subsidiary Hansabanka resolved to increase the bank’s share capital by
LVL 36 million (EUR 54 million) through a closed share issue to
current shareholders. The capital increase is required to meet the
bank’s capital needs due to rapid risk asset growth. Following the
said capital increase Hansabanka’s share capital will amount to LVL 82
million (EUR 123 million).
Mart Tõevere
Head of Communications and IR
+372 6131 569