The move came soon after evopro Holding, also registered in Hungary, acquired a 98.33% stake in Hanwha Bank Magyarország in September. According to the bank’s website, the remaining 1.67% of the shares is held by Fransa Holding S.A.L, based in Lebanon.
Hanwha Bank Hungary currently has registered capital of HUF 17 billion. Korea’s Hanwha group acquired its Hungarian unit through buying the shares of Bank Indosuez Magyarország in 1996.
Evopro Holding is Hungarian-owned and its main profile is industrial solutions and services.
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