Are you sure?

MKB boosts capital at Romanian arm

Hungarian retail lender MKB Bank Zrt has raised RON 364 million for its wholly-owned Romanian unit Corporate Recovery Management SRL.

MKB said RON 2.14 million will go toward boosting Corporate Recovery Management's registered capital to RON 8.37 million and RON 362 million will be laid aside in company reserves.

Last November MKB Bank raised RON 2.5 million for its Romanian subsidiary. (BBJ)