COMPANY NEWS Monday, 9 November 2009 - 14:15 |
Aspis Bank Sale On Track |
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The sale of Aspis´ Bank majority stake is on track as this week the final talks will be held with the four parties interested in the bank.
These are two foreign funds interested, the Restis group and another Greek bank. After the talks, Aspis Holdings, which has Aspis´ 41% and the bank´s management are expected to take the final decisions. According to information, Restis is interested in the bank´s 51% stake. In that case, his intention is to merge Aspis Bank with FBBank. It is noted that until the end of the year, Aspis will proceed to a 120 mil. euro share capital increase while the general shareholders´ meeting is expected to change the brand´s name as well. |
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