Hungary's OTP bank signs deal to acquire NKBM bank

Ljubljana, 31 May - The Hungarian OTP Bank Group announced on Monday it had signed a contract to acquire the outright stake in NKBM, Slovenia's second largest bank. The deal is expected to be finalised in the second quarter of next year as the acquirer is waiting approval from relevant regulatory authorities.

Ljubljana The new logo of NovaKBM, or NKBM. Photo: NKBM File photo

Ljubljana
The new logo of NovaKBM, or NKBM.
Photo: NKBM
File photo

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