The conversion price is RON2.2648 per share at an exchange rate of RON4.7273 to the euro, the bank said in a statement Monday.
Banks-Insurance
Banca Transilvania Raises Share Capital to RON5.2B
The board of Banca Transilvania (TLV.RO), the largest lender in Romania by assets, has approved a share capital raise by RON172,665, to a total of RON5.216 billion, by issuing 172,665 new shares, at a nominal value of RON1/share, through the conversion of 137,870 bonds.