Meritum Bank Recieves New Funding
Citing the great potential of Poland's Meritum Bank, Wolfensohn Capital Partners is joining with the European Bank for Reconstruction and Development (EBRD) and Innova Capital to pump yearly €34 million of new financing into the bank. The new funding will be used to expand Meritum's current services, develop new ones, and complete an ongoing restructuring process. The combined investment from Wolfensohn and the EBRD amounts to roughly €34 million; Innova will supply the rest.
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