Shareholders are also expected to vote on increasing Banca Carpatica’s share capital, from RON220.2 million to RON376 million, which is divided into 3.7 billion shares, each with a face value of RON0.1/unit.
Banca Carpatica widened its loss in the first half of 2016 to RON25.9 million, compared with RON15 million in the year-earlier period. The bank’s net loss is lower by RON7.7 million than the loss envisaged in the budget approved by the company, due to costs with loan loss provisions lower by RON5.5 million and to recoveries of written-off loans, higher by RON1.7 million than the budgeted level.