Vista Bank | Romania Feed

UniCredit, Group, through the CEE Corporate Finance Advisory team, has advised Credit Agricole, the world’s ten largest bank by assets, on the sale of its Romanian operations to Vista Bank.

France’s Credit Agricole group has sold its Romanian operations, Credit Agricole Romania, a small bank, which it has been trying to sell for a while now. The buyer is Vista Bank, formerly Marfin Bank, now owned by the Vardinoyannis family from Greece.

Vista Bank announces the agreement with Crédit Agricole Group for the acquisition of the shares (100 percent) in Crédit Agricole Romania. The acquisition is pending to the approval by the National Bank of Romania and the Romanian Competition Council and is expected to be finalized during the 1st  half of the year. Once the acquisition […]