Serbia raises stake in Srpska Banka.

By bne IntelliNews September 6, 2011
The Republic of Serbia has raised its interest in local Srpska Banka to 98.14% from 96.52% following a RSD 1.4bn capital increase, Srpska Banka said in a stock exchange filing. Srpska Banka issued 140,423 new shares with nominal value of RSD 10,000, which were sold to Serbia in a private placement. Following the capital increase, Srpska Banka's capital is divided into 302,129 shares with nominal value of RSD 10,000 each.
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