30. July 2001 at 00:00

More than 10 investors interested in Istrobanka

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TASR , SITA ,

Newswire

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More than 10 investors from across Europe have shown preliminary interest in acquiring a majority stake that insurance company Slovenská poisťovňa (SP) holds in Istrobanka, SP representatives said July 25.

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The sale of some of the state insurer's shares in the finance house should be completed by the end of the year.

SP, holding 72% of Istrobanka, has repeatedly said that it wants to lower its share in the bank to 34% prior to its own privatisation at the end of this year.

Istrobanka recorded a profit of 31 million crowns in the first quarter of this year, following a total 2000 profit of 74 million crowns.

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