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HPB: Recapitalisation through public offering of new shares

Author: Snježana Pezer
ZAGREB, Sept11 (Hina) - The general assembly of the Croatian Postal Bank (HPB) shareholders on Friday adopted a decision facilitating 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 shares.

(Hina) sp

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