The successful completion of the share capital increase and the listing of the New Ordinary Shares on the Cyprus Stock Exchange marks an important milestone for the acquisition of ex-CCB business. The share capital increase demonstrates the confidence and support of both existing and new shareholders, towards the Board of Directors and the Management of the Bank. At the same time, it strengthens significantly the Bank’s capital position and underpins the vision of the Management as well as the execution of the Bank’s strategic plan.
HB’s Completion of the €150m Share Capital Increase: Creating the Leading Retail Bank in Cyprus
