Source: Beta | Thursday, 20.12.2018.| 12:36
Highlight an article Print out the news

Agreement on planning the sale of Societe Generale in Serbia to OTP Group signed

(Photo: eKapija)
Societe Generale Group has signed an agreement on planning the sale of Societe Generale Group in Serbia to OTP Group, conditioned on the approval by the National Bank of Serbia and the Commission for Protection of Competition, it was confirmed for Beta today.

The sales process covers SOGE Leasing and SOGE Osiguranje, whereas Societe Generale Group will remain present in Serbia through ALD Automotive.

The transaction should be finalized in the upcoming months.

In its press release, Societe Generale Serbia says that the bank has realized record operating results in the past few years.

– In the local market, the bank is fourth in assets, third in the volume of lending and fourth in total deposits, and it works with both retail and corporate clients. SOGE Leasing is a market leader – the press release says.
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