The sale, which came after a competitive auction, will reduce the bank’s gross non-performing exposures to 65 per cent below the 2014 peak.
FinnQ was registered in Lithuania on Aug. 3, according to the Lithuanian Center of Registers, and its authorized capitals stands at 1 mln euros.
The Group Chief Executive, FCMB Group Plc, Mr Ladi Balogun, was quoted as saying at the ceremony that the launch of the new proposition was as much a statement of substance as it was one of intent.
This is in addition to the existing wholesale deposit taking activities, foreign exchange, treasury, corporate banking and trade finance offerings to corporate and institutional customers of FCMB Bank (UK).
According to Ángel Cominges, CEO of Óptima Mayores, “Óptima is very pleased to collaborate with Banco BNI Europa, as it is a bank that is committed to financial innovation and is available to explore solutions that meet the need
PBZ Group runs PBZ Card, PBZ Leasing, PBZ Stambena Stedionica, PBZ Nekretnine, and Intesa Sanpaolo Banka based in Bosnia, as well as Banka Intesa Sanpaolo in Koper, Slovenia.