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100 percent of shares of Opportunity bank were sold to Croatian Erste
bank for EUR 13m in the Montenegro Stock Exchange on Monday, March 2.
Former owners of the bank, first of all American Opportunity
Transformation, agreed on all additional conditions of sale with the
stock exchange price, such as the share in profit, but those data are
not public.
Erste und Steiermärkische bank was created in 2003 with the merger of
Rijecka and Erste und Steiermärkische bank Zagreb. Its majority owners
are Vienna-based Erste Group and Graz-based Steiermärkische Bank. The
purchase of 100 percent of Opportunity bank was approved by the Council
of the Central Bank at the end of January. (Source: Vijesti)
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