VÚB acquires majority in leasing company

VÚB Banka signed a contract on July 20 to purchase a majority stake in the leasing company B.O.F. According to the SITA newswire, the bank concluded a preliminary agreement for the deal in September 2006.

The deal in the leasing sector comes on the heels of the bank's shoring up its position in the consumer loan sector by creating the subsidiary Consumer Finance Holding.

The transaction must still receive clearance from Slovakia's Antitrust Office and Italy's central bank.

Neither company revealed the terms of the deal.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

News digest: New travel rules become effective, more foreigners can sign up for vaccination

The appellate proceeding in the Kuciak murder case starts tomorrow. Travel map changes. Registration for Covid vaccine now open to more foreigners.


2 h
Jan Herak

Slovakia’s “me too” moment? OĽaNO MP quits parliament

Ján Herák faces a series of serious sexual abuse allegations, while a similar case hits a rising star of Czech politics.


6 h
Robert Fico surrounded by his Smer MPs.

Robert Fico's Smer has gained its best result since last summer (+graphs)

Several coalition parties struggle with support, unlike the opposition, according to the June poll by Focus.


9 h
Branislav Zurian

Charges against former elite police head dropped

The prosecutor found the decision to prosecute Branislav Zurian unlawful, unfounded and premature.


8 h