Croatia's Centar Banka Set To Hike Capital, Welcome New Shareholder

ZAGREB (Croatia), April 16 (SeeNews) – Croatian fund Alternative Private Equity (APE) plans to recapitalise the local Centar Banka with 97 million kuna ($17 million/13 million euro) while the lender's current majority owner, Heruc Grupa, will inject a further 34 million kuna, the bank and the private equity fund said in a joint statement.