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HPB set for public offering of new shares in recapitalisation bid

ZAGREB, Aug 3 (Hina) - The general assembly of the Croatian Postal Bank (HPB) shareholders is scheduled for 11 September when decisions should be adopted to facilitate procedures to reduce the bank's share capital in order to cover losses incurred last year and to inject up to HRK 550 million via an initial public offering of new ordinary says the bank's invitation for a general assembly, which was released on Monday.

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