Today, Penta Investments and Sberbank Europe AG signed the share purchase agreement for the sale of 99.5% stake in Sberbank Slovensko, a.s.
The closing of the transaction is subject to approval of Antimonopoly Office of the Slovak Republic and the European Central Bank. After receiving all regulatory approvals, Penta will become the shareholder in Sberbank Slovenko, a.s.
Penta group is an active player in the Slovak banking market. Since 2007, it has been the sole shareholder of Privatbanka, which focuses on the provision of private banking services and, in 2011, it became the majority owner of Prima Banka (then Dexia Banka), which focuses especially on retail clients and the financing of towns and villages.