BBS to raise capital three times
The bank will raise its capital to $132 million, from $44 million
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The bank said that the capital increase plan will be carried out through two stages.
The first stage includes raising the capital by $44 million before June 2010.
The second phase of the plan includes raising the capital by an equal portion of $44 million before June 2011, BBS said.
Precise dates of the capital hike and its procedure s will be declared later, the bank said.
Date Posted: Jan 18, 2010
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