Greeces Alpha Bank hikes capital of Macedonian subsidiary by EUR 6mn.

By bne IntelliNews January 3, 2011
Alpha Bank is increasing the capital of its wholly-owned Macedonian subsidiary Alpha Bank Skopje by EUR 6mn, Sitel TV station reported. Alpha Bank Skopje is one of the medium-sized lenders in Macedonia. The local bank will raise MKD 369mn (EUR 6mn) through issuing 3,075 ordinary shares via a private offer to its parent. Currently, the local lenders share capital consists of 4,668 ordinary shares. The capital injection is intended to boost the capital adequacy of the Macedonian bank.

Related Articles

Macedonias 2013 tobacco crop expected to exceed 30,000 tonnes.

Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more

Macedonia cancels tender for gas distribution network feasibility study.

The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, portal reported. Reportedly, two bids were ... more

Komercijalna Banka wins Global Finance award Best Bank in Macedonia for 2013.

Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335