Fortis expects no more capital raising - newspaper

BRUSSELS, June 28 (Reuters) - Measures taken by Fortis (FOR.BR) (FOR.AS) to shore up its finances should be sufficient, the Dutch-Belgian bank's supervisory board chairman told Belgian financial daily L'Echo on Saturday.

Chairman Maurice Lippens, asked if there was a chance that further capital-raising measures will be announced, replied: "Normally, it's sufficient. Of course, if this is a return to 1929, then we are in a different ball game."

Fortis raised 1.5 billion euros ($2.36 billion) from a heavily discounted share issue this week, part of a package of measures to shore up its finances by more than 8 billion euros.

Lippens said Fortis has been the victim of speculators and wondered how much money certain -- unnamed -- hedge funds made.

"Besides, Thursday's step was completely successful," Lippens said.

He also backed Fortis Chief Executive Jean-Paul Votron.

"You don't kill the captain in a storm," Lippens said.

The drop in Fortis' share price -- down more than 40 percent so far this year -- has not made the company a takeover target as other banks also have their problems, he added.

"Things should be quiet for a year and a half or two years," Lippens said.