Banca Italease is to hold an extraordinary meeting next month
following a further €152 million loss recorded in the first six
months of 2009, the company has announced.
The Italian lessor’s board of directors will meet on October 12
to examine the new initiatives to adopt to cover the losses.
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Banca Italease’s board will also propose shareholders a share
capital increase by means of a rights issue, for a maximum amount
of €1.2 billion.
The company said that the proposed measures will be “necessary
not only to rebuild Banca Italease’s share capital, but also to
bring the capital ratios back in line with the regulatory
requirements and to guarantee appropriate operating conditions for
Banca Italease and its subsidiaries also in the future.”
Antonio Fabrizio
