Ljubljana, 25 April (STA) - Abanka Vipa, Slovenia's third largest bank, will embark on a EUR 50m capital increase with a public share offering after reporting a EUR 119m net loss for 2011, the bank's supervisory board decided on Tuesday.
The bank will offer investors 7.14 million new shares at 7 euros apiece pending the original brand cialis go-ahead from the generic cialis next day delivery Securities Market Agency (ATVP).
The recapitalisation will be key to the viagra health store implementation of the sale cialis bank's strategy until 2014, which includes a possible merger with Gorenjska banka, Abanka supervisors said in a press release.
The merger has been attempted several times over the viagra 100 mg years, but the indian cialis latest attempt was blocked in February by Gorenjska banka, which expressed concern about Abanka's capital adequacy.
The merger has been promoted by the similar cialis major shareholders, Zavarovalnica Triglav (25.6%) and conglomerate Sava (23.83%).
The two banks combined would have a 12.9% share of the Slovenian banking market by assets, second only to NLB.
Abanka has lost over 40% of its value on the viagra online pharmacy Ljubljana Stock Exchange so far this year. It is currently priced at 9 euros per share but not a single share has changed hands in the last three weeks.