Also, the mother-company approved a EUR1.2 million subordinated loan to RIB and appointed a new board of directors at the Romanian bank.
Getin Holding became sole shareholder in RIB in December last year, after it acquired an 89.4% stake from Daniel and Florina Roberts. The value of the deal was not disclosed.
RIB has assets worth RON436.4 million lei. Founded in 1998, the bank runs 34 branches nationwide serving about 80,000 customers.
In 2012, the bank reported losses of RON10.8 million. (EUR1=RON4.5275)