Victory Vibes | Inspiring Stories of Triumph and Resilience

Bango Santander sells 49% of its Polish subsidiary for Austrian Erste Bank for 6,800 million

Santander Bank closes 49% sales of Santander Polka To the Austrian group First bank 584 Slodes for a part, which at the end of the first quarter of 2025, estimates its definitive accounting value, which is estimated to be a definite account value, once a 46.37 Slodis Evath is dismissed for an action, which will be deducted from the next May 12. This is to evaluate the action. 6,800 million euros 7.5% premium compared to the closing of the market last Friday. Includes in the process 50% of the property manager (TFI) About 200 million. Both transactions will be done in cash.

According to a notification sent to the National Bond Market Authority (CNMV), Santander plans to distribute 50% of the amount released after the release of the transaction by re -purchasing unusual measures. This will allow you to expedite the implementation of plans for getting their own topics, in addition to The purpose of notified of up to 10,000 million for 2025 exercises And 2026. Santander Polka Interest Groups“The group’s president said, Ana Boden.

La Baghvera explains, excludes refers to a “main step” inside its StrategyThis is very focused on accelerating the growth of sites A change Like increasing the size in markets with a “best connection”. “I thank you for especially Mikke and his whole Poland team The extraordinary contribution to the group these years. Working with you was a respect and happy, ”he added. Santander Bolka exits more than 5% After knowing the contract, 559 slotis (about 130 euros) falls.

They are planning to collect positive impact on an action from Santander 2027/2028 Organic development, re -purchase of actions and potential acquisition “They fill out strategic and profit criture,” the filler provided. The closure of the transaction is expected by the end of 2025 and this is a About 2,000 million surplus value with an increase Of the CET1 capital rate, 100 base points are equal to 6,400 million and CET1 capital rate is 14%.

As part of this Agreement, Santander and Erste have agreed to a cooperation aimed at using the “capabilities of the two companies” Corporate & Investment Bank (CIP). They will also examine opportunities in terms of allowances To squeeze this function, this includes the pakanxy.

Bank Polka is one of the largest banks in the country with 7.5 million customers. It must be remembered that this is one of the banks affected by the waves of the demands because of the sale of mortgages in Swiss Franks. The avalanche of cases related to this issue has exceeded 20,000 applications. The EU court in 2019 abused some sections of the loans marked or called in this currency.

.

Story Credit

Exit mobile version