Final price for VÚB to be set

Closing day on a purchase deal allowing Italian bank IntesaBci to take an almost 95% stake in Slovak state bank VÚB was to be known by the end of the third October week; the proposed price of 550 million euros may be adjusted upward or downward on the basis of Intesa's recent audit of VÚB.

The finance house, the second largest in Slovakia, was sold in June this year. It was the second of three state banks to be sold off following the successful December 2000 sale of Slovenská sporiteľňa. The third, IRB, has attracted a $14 million bid from Hungary's OTP Bank.

Top stories

Waydanovský House, today Martineum, after reconstruction.

Historical house near Bratislava cathedral no longer needs to hide behind Van Gogh

The Waydanovský House, now Martineum, will serve as the background facility for St Martin's Cathedral. Take a look at how it looked in the past and now.

1. dec
Trenčín covered in Christmas lights on November 29, 2021.

Weekend: Ježiško's Christmas Post Office is open, expecting letters from around the world

Make yourself comfortable and explore what has been going on in Slovakia in the past days.

In samizdats, not even the editorial team knew where the publication was printed and who the middleman between the editorial and the printing house was.

Spying on the press has a tradition in Slovakia

Who, and why, is surveilling journalists in the country.

1 h
Skryť Close ad