Austrian Bank To Raise EUR660 Mln To Repay Funds

25 Jun 2013

Austria’s Erste Group says it is planning a rights issue in the third quarter to raise EUR660 million ($863.4 million), which the bank will use to repay capital it received during the financial crisis.

Austria’s Erste Group says it is planning a rights issue in the third quarter to raise EUR660 million ($863.4 million), which the bank will use to repay capital it received during the financial crisis.

Click here to read the story from The Financial Times.

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