Splitska banka explained

Splitska banka d.d.
Services:Commercial banking
Net Income:€4.49 mln (2013)[1]
Assets:€3584.56 mln (2013)
Equity:€444.18 mln (2013)
Owner:OTP Bank Hungary (OTP Group)
Foundation:1965
Location:Split, Croatia

Splitska banka was a Croatian banking company based in Split, Croatia. It was one of the largest banks in Croatia. On 1 December 2018, it merged into OTP Bank Group.

History

It was established in 1965 in Split, Croatia. In April 2000 it was privatized and bought by UniCredit. In 2002 Bank Austria Creditanstalt AG on base of purchase contracts of Splitska banka initiated the merger of its subsidiary in Croatia, HVB Croatia, focused on larger businesses and private clients and clients of Splitska banka, with emphasis on the "retail" business. The new bank became known as HVB Splitska banka.

On 20 April 2006 HVB Splitska banka was sold to the French group Société Générale, which prompted the bank to change its name to Société Générale - Splitska banka d.d..[2] On May 2, 2017, OTP banka Hrvatska acquired 100% ownership of Splitska banka.[3] [4]

Notes and References

  1. https://thebanks.eu/banks/9838 Bank Profile: Splitska Banka (Societe Generale)
  2. News: Croatian central bank approves sale of Splitska Banka to Hungarian OTP’s Croatia unit. 2018-06-08.
  3. Web site: Croatian c-bank approves acquisition of Splitska banka by Hungary's OTP. seenews.com. 3 May 2017. en.
  4. Web site: Societe Generale announces the sale of Splitska Banka. Société Générale. en-GB. 2018-06-08.