NLB Gets Green Light for Capital Raising, Amount Unclear

Ljubljana, 27 October - The management of NLB bank got the overwhelming approval of shareholders Thursday to issue 5.5 million new shares over five years to raise new capital, but the much needed capital increase remains unclear due to failure of the main shareholders to agree on a deal.

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Oct 27, 2011, 16:16 gz/sm/bg/ep/ep

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Publish time: Oct 27, 2011, 16:16

Category: Business, Finance and Economy

Keywords: BANKS, CAPITAL

Author: gz/sm/bg/ep/ep

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