Attica Bank on Tuesday announced that it had fully subscribed a 240-million-euro share capital increase, whereby it will now issue 1.2 billion new common registered voting shares (each share with a nominal value of 0.20 euros)
In a statement, the bank said shareholders had also approved the entry of a strategic investor.
Following the share capital increase, the capital adequacy ratio CET1 comes to the bank’s pro forma level and – based on published results of June 30, 2021 – to nearly 11 percent, higher of the minimum rate in effect at present.
In a statement, Attica Bank said 2022 will be a landmark year, as its strategic plan includes a securitization of its senior notes in the “Heracles 2” program.
The full statement is here:
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