Press Release regarding the signing of the agreement for the acquisition of Nextebank Romania

03 ianuarie 2014, 11.22 - Afaceri   Bănci / Asigurări  

Bucharest - 03 ianuarie 2014 - Emerging Europe Accession Fund (EEAF) has signed on December 31, 2013 the share purchase agreement for the acquisition of the entire majority participation of MKB Bank Zrt Hungary in Nextebank Romania. The closing of this transaction is conditional upon the approval of the National Bank of Romania.

EEAF, a follow-on fund of the Balkan Accession Fund (BAF), having the EBRD, EIF, DEG and Black Sea Bank as institutional investors, is the third private equity fund managed by Axxess Capital. EEAF continues with its investments in Romania this time in the banking sector.

Axxess Capital is an independent investment manager present in the South Eastern Europe region in the last 8 years. Its investment history started more than 15 years ago with the Romanian American Enterprise Fund and includes over 35 transactions closed to date out of which 10 transactions are in the financial services sector and 7 of them in Romania.

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Cuvinte cheie:  EEAF  Nextebank  transaction 

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