Serbian central bank approves AIK Bank’s purchase of Sberbank

NEWS 28.02.2022 12:03
Source: n1

The AIK Bank said on Monday that the National Bank of Serbia (NBS) approved its acquisition of the Sberbank Serbia.

The acquisition will increase AIK Bank’s market share in Serbia to nine percent. The bank will get more than 180,000 new clients and increase its assets by 1.7 billion Euro.

AIK Bank Chairwoman Jelena Galic said that the bank is drawing closer to its strategic goal of becoming a leading regional banking group with assets of almost four billion ranking it 6th on the Serbian market.

Sberbank Chairman Vladimir Boskovic welcomed the acquisition, adding that the integration process will be quick and successful since readiness exists on both sides.