Thus, the bank’s share capital will reach RON220.27 million.

The share capital cut will take place on September 8 and the capital hike, until November 27.

BCC switched to profit in the first quarter of 2015, posting a positive result of nearly RON0.65 million, from a loss of nearly RON1 million in the same period in 2014, but its assets inched down 0.4%, to some RON3.24 billion.

In the first quarter of 2014, the bank reported a net loss of nearly RON905,000 and total assets of RON4.08 billion which shrank 20% to RON3.25 billion, by December.

Banca Comerciala Carpatica is listed on Bucharest Stock Exchange and is currently valued at RON127.4 million.