Negotiations with EBRD on shareholding in Kvest bank
2005-06-22 Back
Hansabank and EBRD are negotiating on a potential investment by EBRD in Hansabank’s Russian daughter bank, Kvest bank.
According to preliminary negotiations EBRD would buy a 15% holding in Kvest bank after it has been recapitalised by Hansabank.
Hansabank and EBRD intend to finalise the negotiations during Q3 2005.
