The capital raise will entail the issuing of 8.18 million shares with a face value of RON9.3. The bank’s shareholders can exert their preference right at a subscription price of RON85.23 per share, of which RON75.9 is the issuance premium.
Italy’s UniCredit Group reported a net profit of EUR69 million in Romania, for January-September 2017, nearly 7% higher than in the same period last year.
In the first half of 2017, Unicredit Bank reported a profit of RON225.2 million, down 0.3% from the year-earlier period. The bank managed 1.4% higher assets of RON38.1 billion and had 2.8% higher equity of RON3.61 billion.