ABANKA d.d., Ljubljana
Announcement regarding the signing of an agreement on the sale of Abanka
Abanka d.d. hereby publishes the following announcement:
Slovenski državni holding d.d. has informed Abanka regarding the signing of an agreement on the sale of the Republic of Slovenia’s 100% participating interest in Abanka d.d. to the buyer Nova Kreditna banka Maribor d.d., which is owned by the international financial fund Apollo Global Management, LLC.
The signing of that agreement represents an opportunity for the bank’s growth and further development, and also means the successful completion of the restructuring programme that the bank began implementing when state aid was approved. The buyer will still have to obtain all requisite consents prior to the transfer of ownership.
Abanka is a highly liquid and capitally sound bank with stable operations. Transactions with customers will continue unhindered, as in the past.
The Management Board believes that sound ownership will provide the bank opportunities for growth, long-term stability and development.
This announcement will also be available on Abanka d.d.’s website as of 21 June 2019, for a period of no less than five years.
Management Board of Abanka d.d.