Patria Bank's majority shareholder explores stake sale

Business Forum
Patria Bank announced that its majority shareholder, EEAF Financial Services, holding 84% of the bank's total shares, is exploring strategic options for its investment.

These options include a potential disposal of all or part of its shares in the lender.

EEAF Financial Services has not made any definitive decision regarding a specific option, and the bank emphasized that there is no certainty as to whether or when such a decision might be made in the future.

Patria Bank's subscribed and paid-in share capital stands at RON 327.8 million (€65.8 million). 

The bank's shares were up 13.61% to RON 0.09 on Friday closing session on the BVB.

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