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Istrobanka

Slovakian universal commercial bank

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Istrobanka was a universal commercial bank based in Slovakia established in September 1992.

01History

Istrobanka's founding shareholder was Slovenská Poisťovňa (the Slovak Insurance Company). In 1993 the city of Bratislava, the capital city of Slovakia, became another shareholder. GiroCredit Bank AG of Austria became a third shareholder in 1994.

Effective March 2002, the Austrian bank BAWAG became the principal shareholder of Istrobanka, holding 100% of the shares. In July 2008 BAWAG formalized sale of Istrobanka to the Belgian group KBC Bank NV, making KBC the fourth largest bank in the Slovak market through its partnership with ČSOB.

02Branches

About 60 branches and sub-branches of Istrobanka were located throughout Slovakia.

1 July 2009 branches of Istrobanka were rebranded to ČSOB.

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Sources and credits

This article is adapted from the Wikipedia article Istrobanka, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.

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