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EC clears EUR 200 mln capital increase at Romanian state-owned CEC Bank
Romania can go forward with the EUR 200 million capital increase of state-owned bank CEC, currently the third-largest lender by assets in the country and growing fast, after the European Commission (EC) announced on March 24 that it…
iulian ernst · Journalist
· Updated · 2 min read
Romania can go forward with the EUR 200 million capital increase of state-owned bank CEC, currently the third-largest lender by assets in the country and growing fast, after the European Commission (EC) announced on March 24 that it cleared the move.
CEC Bank's capital would thus rise by 40% to RON 3.5 billion (EUR 750 million).
