ČSOB to buy OTP Bank

Hungarian OTP is selling its Slovak bank to KBC of Belgium, the owner of ČSOB, according to sources of the N daily. OTP also received bids from Penta and Poštová banka (J&T). The Slovak OTP has huge losses, 62 branches, and a strong position in the South. ČSOB will keep its No.4 position on the Slovak market. Back in 2008 it acquired Istrobanka.

(dennikN.sk)

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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