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K&H Equities gets Ft 1.5 bln capital injection

K&H Bank Rt announced on Wednesday it decided to increase the capital of its 100%-owned brokerage, K&H Equities, by Ft 1.5 billion (€6 million) on November 15. The capital injection raises the registered capital of the brokerage by Ft 150,000 to Ft 2,000,950 and increases its net assets by Ft 1.5 billion.
The raise is the third the parent bank has made at K&H Equities so far this year: in June, the bank injected Ft 4 billion into the brokerage, and in October it injected a further Ft 760 million.