business

NLB Group acquires 50.14% stake in Kasabank

NLB Group signed the contract on the acquisition of a 50.14% stake in Kasabank sh.a., Prishtina, Kosovo. This brought it to the market of Kosovo, where it was not present before, which is in accordance with the strategic goals of expansion and growth in operations of the NLB Group on the SEE markets according to NLB press release.

The purchase of the majority capital stake in Kasabank opens the door to an even closer co-operation and strengthening of good economic relationships between Slovenia and Kosovo, where several Slovene companies are already present.

Slovenia remains as the most interested country on doing investment in Kosovo.

© 2007 Kushtrim Xhakli.