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OTS: Erste&Steiermärkische Bank d.d. - Notice on withdrawal of the merger approval of Erste Factoring d.o.o.

Author: Orhideja Štrk

Zagreb (HinaOTS) - Erste&Steiermärkische Bank d.d. with its headquarters in Rijeka, Jadranski trg 3/a, OIB: 23057039320, is issuing as follows:

ERSTE&STEIERMÄRKISCHE BANK d.d. with its headquarters in Rijeka, Jadranski trg 3/a, (hereinafter: the Bank) announced on July 30, 2018 the intention of acquiring shares in the company ERSTE FACTORING d.o.o. (hereinafter: the Company) from ERSTE GROUP BANK AG, in the total nominal amount of 21,250,200.00 HRK representing 25.00% of the equity of the Company and the intention of merging the Company on condition that the Bank obtains the approval of the Croatian Financial Services Supervisory Agency and the Croatian National Bank.  

In accordance with the decisions of the Bank’s competent bodies, the Bank acquired the above-mentioned shares in the Company and obtained the consent of the Croatian Financial Services Supervisory Agency for the merger of the Company with the Bank.

The request for the approval of the merger addressed to the Croatian National Bank has been withdrawn and will be subsequently re-filed in accordance with the Bank's business plans.
 
ERSTE&STEIERMÄRKISCHE BANK d.d.
 
Source of information: 
Erste&Steiermärkische Bank d.d.
Jadranski trg 3/A, 51000 Rijeka
Informations to shareholders:
  tel/fax: 385 072 37 1000; +385 072 37 5000
  e-mail: pr@erstebank.com
web: www.erstebank.hr
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(HinaOTS)

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