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Emporiki Bank plans 1 billion euro share capital increase

Thu Nov 12, 2009 6:42am EST

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ATHENS, Nov 12 (Reuters) - Greece's Emporiki Bank (CBGr.AT), the Greek unit of France's Credit Agricole (CAGR.PA) said on Thursday it planned to proceed with a share capital increase of up to 1 billion euros ($1.50 billion)

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"At the board meeting of Nov. 11, it was decided to propose to the upcoming extraordinary shareholders' general meeting of Emporiki Bank to increase the share capital by up to 1 billion euros," the company said in a bourse filing. (Reporting by Harry Papachristou)

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