Raiffeisen interested in Komercijalna Banka?
– The consolidation of the banking sector is currently being carried out in several countries of Central and Eastern Europe, which RBI wants to take part in – Johann Strobl, the CEO of RBI, said and added that the Czech Republic, Slovakia, Bulgaria and Serbia were especially interesting.
Strobl said that, in the relevant markets, RBI wanted to grow through acquisitions of portfolios or the purchase of smaller banks after a long time, if the price and the environment were right.
At the press conference, where the 2018 results were presented, the management of RBI explained that it followed public and semi-public discussions about the privatization of Komercijalna Banka, noting that the sales process had not yet been initiated, the Austrian agency APA reported.
Serbian Finance Minister Sinisa Mali announced last week that a tender for finding a strategic partner would open in May and that it should be completed by the end of the year. Belgrade media have been speculating these days that five local and foreign investors, three strategic companies with experience in the banking sector and two investment funds for which banking is not the primary activity, have expressed an interest in purchasing Komercijalna Banka.
The Republic of Serbia has a 42% stake in Komercijalna Banka, the EBRD owns 24.4%, and the IFC, a member of the World Bank, owns 10%.
Most Important News
11.03.2024. | Healthcare
Are Marketing Experts Reading Our Minds? – eKapija Investigates: What Neuromarketing Is and How Much It Is Used in Serbia
11.03.2024. | Construction, Transport
Tender for Continuation of Construction of Patrijarha Pavla Blvd Stopped – Contractors Demanding Price Higher Than Estimated
11.03.2024. | Construction, Transport
11.03.2024. | Construction, IT, Telecommunications
Auction for 5G Network by End-Year, Minister Announces
11.03.2024. | Construction, IT, Telecommunications
27.03.2024. | Industry, Transport, Finance
City to Waive Over 30 Zemun and Palilula Bus Lines to Private Transporters – Draft Public-Private Partnership for 10-Year Period Ready, Job Worth Half a Billion Euros
27.03.2024. | Industry, Transport, Finance
17.01.2024. | Industry, Healthcare
Ceremony of Opening of Centers of Excellence in Kragujevac Planned for Spring – Official Beginning of Operations in June
17.01.2024. | Industry, Healthcare
27.03.2024. | Construction, Healthcare
Contractors for Construction of Tirsova 2 to Be Sought in Competitive Procedure with Negotiation – State Opens New Tender, Price Remains Same
27.03.2024. | Construction, Healthcare