Since the transaction has been approved by all the relevant regulatory authorities, it will be carried out in forthcoming days.
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The J&T Group will thus acquire 88.055% of the share capital and voting rights of Potová banka.
The J&T Group focuses on the provision of complex services related to private banking, asset management for private clients and institutions, investment banking and project financing. It provides its services mainly on the markets in the Czech Republic, Slovakia and the Russian Federation. More on www.jtfg.com.
Potová banka has been operating on the Slovak market for 20 years. With one million clients, it is one of the strongest banks in terms of retail. Its own network consists of 41 branches and it provides its services in more than 1,500 postal offices around Slovakia. Its clients can use 128 ATMs. The standard offer of banking products and services is supplemented by insurance products, mutual funds and pension savings in the second pension pillar.
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