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Final bids for Istrobanka expected

Potential investors have until December 12 to submit binding bids for the purchase of a majority stake in Istrobanka to Slovenská poisťovňa, privatisation advisor Deloitte & Touche has announced.

Among the companies that carried out due diligence in the bank are the Austrian Volksbank, Bank Austria and BAWAG.

Istrobanka recorded a profit of Sk64.6 million in the first half of the year, up almost 73% year-on-year.

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