Poštová banka takes step towards sale

State bank Poštová banka (PB) has received the first instalment of a recent capital increase expected to raise PB's capital adequacy to 10% and make the bank a more attractive privatisation target.

The sale of the bank will be another step towards the completion of full privatisation of the Slovak financial sector. Istrobanka and state insurer Slovenská poisťovňa are due to be sold off soon.

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