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The Euro Debate

Wednesday June 25, 08:32 AM
Banif's 100 million euro capital increase fully subscribed

LISBON (Thomson Financial) - Madeira-based bank Banif SGPS said that its 100 million euros capital increase has been fully subscribed.

Banif offered its shareholders one bonus share and the right to acquire another one for 2 euros for every five they already hold.

Banif's share capital will increase to 350 million euros from a current 250 million.

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