NBNK raises £50m through share issue - Finance & Money Forums

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NBNK raises £50m through share issue

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08-23-2010, 07:31 AM

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NBNK raises £50m through share issue

NBNK plans to compete with other High Street banks and has raised £50 million via a share issue. The institution, set up by two City financial-sector heavyweights, is set to build a significant presence in the UK and is now trading on London’s AIM. The bank said it will use the funds to buy branches [...]

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