Spectator on facebook

Spectator on facebook

FOCUS SHORT

J&T boosts its share in PoštováBanka

THE NATIONAL Bank of Slovakia (NBS) has green-lighted an increase of the share the financial group J&T holds in Poštová Banka. The central bank’s approval is a confirmation of the previously announced strategic partnership between J&T and the former majority shareholder in the bank, Istrokapitál SE.

THE NATIONAL Bank of Slovakia (NBS) has green-lighted an increase of the share the financial group J&T holds in Poštová Banka. The central bank’s approval is a confirmation of the previously announced strategic partnership between J&T and the former majority shareholder in the bank, Istrokapitál SE.

When the transaction is completed, the J&T group will have an 88.055 percent stake in the share capital and voting rights in Poštová Banka. Completion of the transformation is still subject to approval by the Antitrust Office, the SITA newswire reported.

Topic: Finances and Advisory


Top stories

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.