Capital increases worth 320m euros in financial sector in 7 months

Companies in the financial sector carried out capital increases of over 320 million euros in the first seven months of this year, according to data provided by the Romanian Trade Registry Office. The bulk of the money being pumped into banks, insurance, leasing, pensions, consumer finance and factoring companies came from the Netherlands – 94.6 million euros, which accounted for 30% of the total. Austrian shareholders added over 59 million euros to the capital of companies they hold here, French ones – 55 million euros, Portuguese – 24 million euros, US shareholders – 19 million euros, and Hungarians – over 18.5 million euros. The rest of the money came from investors based in countries such as Italy, the UK, Cyprus and Bulgaria.