MKB Bank mulls acquisition in Croatia

Food

Wikimedia Commons/Globetrotter19

MKB Bank is weighing the acquisition of a stake in Croatiaʼs Slatinksa banka, the lender said in a disclosure on Friday, responding to reports in the Croatian media, according to a report by state news wire MTI.

Photo by Wikimedia Commons/Globetrotter19

"The Company is considering the possibility and examining the conditions of acquiring a shareholding stake in Slatinska banka," MKB said, adding that it would comply with disclosure obligations if there are further developments.

MKB Bank is part of a recently announced tie-up with Takarékbank and Budapest Bank that could eventually become Hungaryʼs second-biggest banking group.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.