Following launch of the sale process of VeloBank S.A. on June 30, 2023, Bank Guarantee Fund has received non-binding offers and is in the process of evaluating these, concluding Round 1 of the sale process. The next stage of the process will commence in due course with shortlisted investors being invited to Round 2
BFG launches the sale process of VeloBank S.A.
BFG launches the sale process of VeloBank S.A.
VeloBank is a universal bank that offers innovative financial solutions facilitating everyday life for individual customers, small and medium-sized companies, some selected corporations as well as local governments and residential co-operatives, with focus on green energy transition. The BFG owns 51% of VeloBank S.A. shares, while the System
