OTP's merger of NKBM and SKB expected to take a year and a half

Budapest/Maribor, 6 February - After receiving all the green lights it needed to take over NKBM, Slovenia's second largest bank, the Hungarian banking group OTP has announced the acquisition process has been successfully completed. What will now follow is the merger of NKBM and SKB, another Slovenian bank which OTP acquired in 2019. This is expected to take a year and a half.

The NKBM headquarters.
Photo: Daniel Novakovič/STA
File photo

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