AIK Bank has signed an agreement stipulating the takeover of Sberbank Serbia to expand the bank’s presence to six markets in total.
AIK has signed the acquisition agreement under the framework of a joint agreement signed between Sberbank Europe AG, AIK Bank from Belgrade, Gorenjska Banka from Kranj and AEC Ltd. stipulating the acquisition of Sberbank’s branches in Serbia (Sberbank Srbija ad Belgrade), Slovenia (Sberbank Banka dd), Bosnia and Herzegovina (Sberbank BH dd Sarajevo and Sberbank ad Banja Luka), Croatia (Sberbank dd) and Hungary (Sberbank Magyarország Zrt.), whose total assets amount to EUR 7.33 billion.
The transaction is expected to be completed during 2022, after the bank obtains the consent of the relevant national and European regulatory bodies.
(Vecernje Novosti, 03.11.2021)
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