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Slovenia's Banka Sparkasse completes purchase of leasing unit from Abanka

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Slovenia's Banka Sparkasse completes purchase of leasing unit from Abanka

Slovenian lender Banka Sparkasse dd finalized the acquisition of a 100% stake in Aleasing financiranje svetovanje trženje d.o.o. from Abanka dd.

The acquired company will become a member of Sparkasse Group from April 1 and will be merged with Sparkasse Leasing S in the fourth quarter, Banka Sparkasse said March 28.

Following the acquisition, announced in July 2017, Andrej Plos was named chairman of the supervisory board at Aleasing, while Thomas Jurkowitsch and Daniel Kozel were appointed to the company's board.

Banka Sparkasse is part of Austria's Erste Group Bank AG.