Bank Austria, Banka Creditanstalt Merger

The Ljubljana-based branches of Bank Austria and the bank Creditanstalt will merge Monday to Bank Austria d.d. Ljubljana. The new bank, to emerge with the acquisition of Creditanstalt by Bank Austria, will have total assets of over SIT 80 billion and a 3.7 percent average market share. This will place the new bank 7th or 8th in Slovenia.

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