Erste Bank Completes Purchase of Bank Prestige
25 January 2008
Austria’sErste Bank completed its acquisition of a 100% stake in Bank Prestige, Ukraine’s #72 bank in terms of assets with USD 83.6 mln as of April 1. It agreed to purchase a 49.5% stake for USD 104 mln in December and paid USD 35.3 mln for a 50.5% stake in July.
