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Tuesday, 29.11.2022

Sale of Serbian leasing company to NLB Group successfully closed


KF Finance, as the exclusive financial advisor, successfully completed the sale of Zastava Istrabenz Lizing. A Serbian company based in Belgrade provides financial leasing services and has an active licence to carry out leasing operations in Serbia. The company, which was indirectly owned by the state-owned bad bank DUTB, was acquired by the largest Slovenian banking group NLB, namely NLB Lease&Go Slovenia. The leasing business is one of the strategic activities of the NLB Group, which is focused on its home region, South-Eastern Europe, and in addition, Serbia represents the most important non-European market of the NLB Group.