Source: eKapija | Wednesday, 18.10.2017.| 09:13
Highlight an article Print out the news

Direktna Banka to buy Piraeus Bank Belgrade – Official acquisition to take place in first quarter of 2018

Direktna Banka
Direktna Banka
The Kragujevac-based Direktna Banka announced on Tuesday, October 17, 2017, that it had signed an agreement on the purchase Piraeus Bank Belgrade.

The Belgrade-based Piraeus Bank, owned by Greece's Piraeus Bank, is expected to officially become part of Direktna Banka by the end of the first quarter of 2018, following the acquisition of all the necessary approvals by the competent institutions.

The purchase of Piraeus is conditioned on the usual corporate and regulatory permits, including those issued by the National Bank of Serbia, the press release adds.

As added, following the acquisition of Piraeus Bank Belgrade, Direktna Banka will have over 60 branch offices and over 800 employees, and the value of its property will exceed half a billion euros.

Direktna Banka is owned by businessman Andrej Jovanovic (50% of the ownership) and Bojan Milovanovic (49.98%) and was formed in early 2016 when the Kragujevac-based KBM Bank was bought by Nova Kreditna Banka Maribor.

Direktna Banka also bought the Belgrade-based Findomestic Bank this year.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE