Strategy and Finance Division
Investor Relations & DCM
Reference number: IR-055/2019
3 May 2019
Extraordinary announcement
OTP Bank is purchasing a bank in Slovenia
OTP Bank Plc. announces that OTP Bank signed an acquisition agreement on purchasing 99.73% shareholding of SKB Banka, the Slovenian subsidiary of Societe Generale Group and other local subsidiaries held by SKB Banka.
With a market share of nearly 9%, SKB Banka is the 4thlargest bank on the Slovenian banking market and as a universal bank it has been active in the retail and corporate segment as well.
The financial closure of the transaction is expected in the coming months subject to obtaining all the necessary regulatory approvals.
OTP Bank Plc.
OTP Bank Plc.
Postal address: P.O.B.: 501
Budapest H-1876 Hungary
Phone: +36 1 473 5460
Fax: +36 1 473 5951
E-mail: investor.relations@otpbank.hu
Internet: www.otpbank.hu
Address:
Nádor street 16. Budapest H-1051 Hungary
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OTP Bank Nyrt. published this content on 03 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 May 2019 08:22:04 UTC