Troubled Dutch bank SNS looking at share issue
SNS, which has assets worth (EURO)134 billion as of the end of
The bank still owes the Dutch state (EURO)750 million from a bailout it received in 2008. Its stock market value has sunk to (EURO)200 million despite a book value of (EURO)4.8 billion at last report.
In Monday's statement, the company said all solutions would involve hiving off the hard-to-value real estate financing business.
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