A company from Serbia is seeking permission to take over shares in Prva banka

The Central Bank decides on the request and does not disclose the name of the potential buyer. Obtaining approval from the Central Bank is the beginning of the process for concluding the sale agreement

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Prva banka (Illustration), Photo: Biljana Matijašević
Prva banka (Illustration), Photo: Biljana Matijašević
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

In the Central Bank of Montenegro, the decision-making process is ongoing according to the request of a legal entity from Serbia for the acquisition of a qualified participation of up to 50% (minority participation) in the capital of Prva Banka.

This was announced by the supreme monetary institution.

The majority package of shares of the first bank is owned by Aco Đukanović and companies connected with him. Aco Đukanović is the brother of the current president of the country, Milo Đukanović. Obtaining approval from the Central Bank is the beginning of the process for concluding the sale agreement.

"Due to the media announcements regarding the sale of part of Prva banka's shares, and with the aim of objectively informing the public, we inform you that the request was submitted on October 27, 10. The Central Bank will decide on the received request in accordance with the procedures and deadlines provided for by law. For the sake of objective information, we note that the natural person who is linked in the media with the legal entity that submitted the request, according to the documentation submitted to the Central Bank of Montenegro, has no connection with the requester," the top monetary institution announced.

The announcement by the Central Bank of Serbia followed yesterday after Television Nikšić published the information that a businessman from the Republic of Srpska, Dalibor Matić, is buying Prva banka.

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