January 30, 2019 / 6:54 PM / 6 months ago

Italy's Popolare Bari says to beef up capital ratios in H1

MILAN, Jan 30 (Reuters) - Unlisted Italian mutual bank Popolare di Bari said on Wednesday it planned to boost its capital ratios by mid-2019.

The bank, which in the past has identified difficulties in raising capital on the market, said in a statement it would adopt “capital relief” measures and sell financial instruments to investors to strengthen its balance sheet. (Reporting by Valentina Za)

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