Nova Bank increases capital again

The shareholders of Nova Bank (former Unirea Bank) have endorsed a 200bn ROL capital increase, up to 600 billion ROL, during the latest General Meeting. This is the second capital increase this year. The bank’s main shareholder is Swiss group Alpur, which comprises several Russian companies, operating in various fields: metallurgy, energy, industry, but also the Investment and Technology Bank in Moscow. In fact, the bank’s management is secured by several Russian bankers and businesspersons. ZF