News

The procedure of submitting Letters of Interest for the acquisition of CB Bank Victoria has been completed

The deadline for submission of Letters of Interest in relation to the sale of 100% of the share capital of CB Victoria EAD and the overall exposure of the sole owner to the Bank expired on 21 July 2017 at 14:00 h. Local time (13:00 h. Central European time).

There are four candidates that showed interest as follows:

  • Investbank AD
  • Bulgarian-American Credit Bank AD
  • Kerbler Holding GmbH, Imfarr Beteiligungs GmbH and Green Finance GmbH – group of investors acting in concert
  • Vabo Internal AD

Analysis and assessment is impending in regard to candidates’ profiles, the provided thereby Letters of Interest, including accompanying information as well as consultation with the supervisory authority – the Bulgarian National Bank.

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