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Banco de La Pampa confirms capital hike

Banco de La Pampa Sociedad de Economía Mixta confirmed it is moving forward with a capital increase of 113.9 million Argentine pesos after garnering approval from the authorities in the province of La Pampa, according to a regulatory filing.

Shareholders green-lighted the move in November 2017.

As of March 19, US$1 was equivalent to 20.26 Argentine pesos.