ČSOB Supervisory Board okays sale of Slovakia's stake in ČSOB

The supervisory board of Československá Obchodná Banka (ČSOB), based in Prague, has approved the sale of a 24% stake in ČSOB held by the National Bank of Slovakia (NBS) to the Belgian KBC Bank. KBC bought a 66% stake in the Czech bank for over 40 billion Czech crowns last month. The sale of the NBS's stake in ČSOB is subject to the consent of the country's central bank - the Czech National Bank (ČNB).

NBS Governor Vladimír Masár said at a news conference in Bratislava on July 26 that the price paid by KBC for the Slovak stake would be similar to what the Belgian bank paid for the Czech stake in ČSOB. He also said he was willing to discuss a hotly disputed debt owed by the Slovak state fund Slovenská Inkasná to the ČSOB.

Top stories

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.


3. dec

News Digest: Climate in Slovakia could be similar to Italy's in a few decades

Suburban transport in Bratislava Region to improve, registration for regulated parking in Bratislava launched, utility regulator announces price caps for 2022.


3. dec
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

Culture Ministry looks to create ‘21st century environment’ for Slovak media

Transparency of ownership and financing among proposed overhaul of decades-old laws.


2. dec
Skryť Close ad