Attica Bank plans new share issue
Attica Bank will seek shareholder approval on Sept. 30th, for a plan to issue new shares and raise up to 434 million euros to plug its capital shortfall.
- Published in Economy
Attica Bank will seek shareholder approval on Sept. 30th, for a plan to issue new shares and raise up to 434 million euros to plug its capital shortfall.
Today, Hellenic bank shares distinctly dropped, that resulted in a wider equities market decline, as traders referenced nervousness regarding various frail European markets and the European Central Bank's vast stress test, according to Kathimerini.
Attica Bank has employed advisors to find an investor, to participate in a scheduled equity offering.