EBRD acquisition of stake in Victoriabank

Overview:

• The European Bank for Reconstruction and Development has acquired an additional stake in Victoriabank from Alpha Bank Romania.
• Victoriabank is a Moldovan bank listed in Chisinau.
• The deal saw the two banks transfer their current stakes in the bank to a Dutch company, VB Investment Holding, this was subsequently purchased by the EBRD.
• The deal sees the EBRD's stake increased to 27.56%.

Sam Duke - Editor