Banka Slovakia: six suitors

Six banking and non-banking entities have expressed an interest in privatising Slovakia's smallest bank, the national privatisation agency (FNM) has reported.

Brokerage house Slávia Capital and the Czech J & T Bank have already confirmed their interest in Banka Slovakia, which the state has been trying to sell off since last summer.

The FNM refused to release names of the bidders but said they were from Slovakia and other countries.

The bank failed to attract any bidders when first put up for sale in June last year. The tender was eventually cancelled after talks broke down with Slovak-Czech consortium Hanco and Česká pojišťovna.

A second tender was also cancelled after the central bank refused three potential buyers, including Slávia and J & T, permission to carry out an audit on Banka Slovakia. The National Bank of Slovakia said the three companies did not have enough experience of the Slovak banking market.

The state is offering a 60% share in the finance house.

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