RBI to retain Addiko subsidiaries in Serbia, BiH and Montenegro after Alta licence revocation blocks divestment

Raiffeisen Bank International will retain its Addiko subsidiaries in Serbia, Bosnia-Herzegovina and Montenegro. RBI had intended to divest these subsidiaries to Serbia's Alta Group as part of a broader acquisition strategy involving Slovenia's NLB, but no longer expects the necessary regulatory approvals after Serbia's central bank revoked Alta Banka's licence.

Detected & updated continuously · Source: Nebula