More than 10 investors interested in Istrobanka

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.

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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