New bidders seen for Banka Slovakia

Three new parties have expressed interest in buying the FNM privatisation agency's 60% stake in finance house Banka Slovakia, where an existing sale tender is still frozen by the central bank's objections to firms which bid previously. The three bidders have not been named.

The smallest bank in Slovakia, Banka Slovakia is seen as an attractive proposition by many analysts only for its banking licence.

Last month the central bank refused a request from three interested bidders - Slavia Capital, Prva Paroplavebna and J & T Finance Group - to carry out due diligence at the bank. It said that the three did not have enough experience of the Slovak banking market

to be considered owners of the bank.

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