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“Investbank” JSC has finalized CB “VICTORIA” EAD deal

July 12, 2018

Investbank JSC successfully finalized the acquisition of 100% of the shares in the capital of Commercial Bank “Victoria” EAD.

The acquisition is a fact after receiving the necessary approvals from the competent regulatory authorities. The sale of the shares was registered earlier today in Central Depository AD.

The next stage of the process, according to the strategy of Investbank JSC, is the transformation of CB Victoria EAD through the merger into the new sole owner. This will lead to an increase in the value of the balance sheet assets of Investbank JSC. The Bank will continue to provide and to diversify its wide product range to individuals and legal entities, in terms of market flexibility and customer focus.