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New sale procedure was opened for 100% of the capital of Commercial Bank Victoria EAD and the overall exposure of the sole owner of capital to the Bank

The BDIF Management Board with a resolution of 29 June 2017, pursuant to Art. 87, para 5 in relation with paras 8 and 9 of the Law on Bank Bankruptcy authorized the Assignees in Bankruptcy of Corporate Commercial Bank AD (in bankruptcy) – KTB AD (b), to open a procedure for sale of 100% of the share capital of Commercial Bank Victoria EAD and the overall exposure of the sole owner to CB Victoria EAD.

21 July 2017 is the time line for submitting Letters of Interest for the acquisition of 100% of the share capital of Commercial Bank Victoria EAD and the overall exposure of the sole owner to CB Victoria EAD.

With a view to guarantee transparency of the procedure for sale of CB Victoria EAD the marketing document for the investment opportunity together with an accompanying letter are posted. The marketing document is presented solely for the purpose of informing prospective buyers about the existing investment opportunity. Both documents are available HERE.
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