Steiermarkische Bank und Sparkassen takes over Ohridska Bank

Steiermarkische Bank und Sparkassen takes over Ohridska Bank

Published at: 2019-10-30 09:33 | Author: CIJ Serbia
Steiermarkische Bank und Sparkassen has acquired a majority stake in Ohridska Banka, with 143 of the bank’s shareholders accepting the buyout offer, according to North Macedonia's financial regulator. Steiermarkische Bank und Sparkassen will pay $53.7m for 472,839 shares in Ohridska Banka, amounting to a 91.57-percent stake. Societe Generale sold its 74.53-percent stake in Ohridska to Steiermarkische Bank und Sparkassen in February for €39.4m.

Similar Stories:

Hungary signs strategic cooperation agreement with ICBC
The Hungarian government signed a strategic cooperation agreement with the Industrial and  »
Moody’s puts Hungarian credit profile at Baa3
Pointing to strong economic growth and a commitment to lower fiscal deficits as well as th  »
Hungary’s central bank leaves base rate unchanged
The National Bank of Hungary has left the base rate at 0.9 percent and the O/N deposit rat  »
Eximbank opens Hungarian-US fund to support SME sector
Eximbank has established a HUF 10bn fund to support small and medium-sized companies on th  »
Can you explain the issue of the so-called Greed Tax that was created by the Romanian gove   »
CIJ: Why is the financial crisis from the last decade still relevant today? The echoes ar   »
One of the long-standing paradoxes of Slovakia’s property market has long how difficult   »
The future is not out of our hands. Indeed, the main purpose of organised real estate is t   »