Attica Bank ("The Bank") announces that its Board of Directors meeting on October 30th 2012, deliberated on the issue of the capital structure if the Bank in relation, among other things, to the minimum capital requirements and capital adequacy ratios set by the current regulatory framework.
Within this framework, the Board of Directors have decided to initiate in the following period, the procedures which will lead to the increase of the capital of the Bank in accordance with the legislation currently in force and the Bank’s Articles of Association. Furthermore, ETAA-TSMEDE, the major shareholder of the Bank has expressed, in principle, its intention to participate in the capital increase.
The Bank will be updating its shareholders for all developments regarding the capital increase, in accordance with legislation currently in force.
ATTICA BANK S.A.