By issuing new ordinary shares through a private offering, and following a successful recapitalization carried out in the last month, the equity capital of Podravska banka d.d. Koprivnica has recently increased by 99.19 million kuna, bringing the total to 267.5 million kuna.
According to our information, the increase in the equity capital of Podravska banka has already been registered in the system of the Central Depository Agency in accordance with the decision of the General Assembly of the company held in early June this year. With the latest registration of shares, or the increase, the bank’s equity capital is now divided into 668,749 ordinary shares marked PDBA-R-A with an individual nominal value of 400 kuna. ‘The latest recapitalization, similar to previous occasions, could significantly stimulate and expand the volume, as well as the type of business of the bank, ultimately opening doors for even more successful, higher quality, and profitable overall operations,’ explained Julio Kuruc, the head of Podravska banka. The latest significant increase in equity capital has also helped this bank climb two places in the ranking of a total of 34 Croatian banks, making it now the eleventh largest by registered equity capital. (Nikola Prskalo)
