Eurobank's Serbian subsidiary completes merger with Direktna
Eurobank's Serbian subsidiary completes merger with Direktna
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Eurobank's Serbian subsidiary completes merger with Direktna

The combined bank, in which Eurobank holds 70%, with a strong capital and liquidity position and a market share of 6.5% in customer loans, becomes the seventh largest in Serbia.
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RE+D magazine
13.12.2021

Eurobank S.A., subsidiary of “Eurobank Ergasias Services and Holdings S.A.”, announced that, following the receipt of the relevant regulatory approvals, the merger of Direktna with Eurobank’s subsidiary in Serbia, Eurobank a.d. Beograd, with absorption of Direktna by Eurobank Serbia, has been concluded.

The combined bank, in which Eurobank holds 70%, with a strong capital and liquidity position and a market share of 6.5% in customer loans, becomes the seventh largest in Serbia.

As part of the transaction, Eurobank a.d. Beograd will distribute to Eurobank Group via dividend payment and capital return an amount of c. €232million.

The Transaction is in line with Eurobank’s strategy to further strengthen its position in the countries where the Group maintains a presence and grow further with targeted acquisitions and friendly mergers.