Podgorica, (MINA-BUSINESS) – According to the Central Bank (CBCG), the shareholders of Atlas Bank expressed no interest in the bank’s capital increase.
The CBCG says in a press release that the conditions are now met for the bank’s interim administrator to inform the Capital Market Commission about the outcome of the issue of the bank’s shares in order to obtain a decision on the failure of this issue.
“The interim administrator will then request from the Commission to approve the prospectus for a public offering, i.e. the sale of Atlas Bank’s shares to the buyers other than its currents shareholders,” the press release says.
On 18 January, the interim administration of Atlas Bank adopted a decision on the closed capital increase worth €22 million.
The Central Bank introduced the interim administration for Atlas Bank and Invest Bank Montenegro on 7 December.
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