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Wednesday, December 11, 2024

KBM to sell its leasing arm to Luxembourg-based company

By: P.T., STA

The shareholders of NKBM bank decided on Monday the bank will sell its leasing firm Summit Leasing Slovenija to Biser Topco, the Luxembourg-based owner of NKBM’s owner Biser Bidco.

Biser Topco is owned by the US Apollo fund and the European Bank for Reconstruction and Development (EBRD), the former holding 80% and the latter 20%. Shareholders also appointed a new supervisor who will start her term after the ongoing sale of NKBM to Hungarian OTP bank is completed.

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