The Luxembourg group ABH Holdings (ABHH) has withdrawn from the acquisition of ZUNO bank from Raiffeisen Bank International (RBI). "Withdrawal from the contract has no effect on ZUNO bank's clients in Slovakia and the Czech Republic. In both markets, the bank continues to provide services and products. ZUNO remains a separate, fully controlled Austrian bank with headquarters in Vienna," said Oyvind Oanes, the CEO of ZUNO. The contract between the RBI and ABHH on the sale of ZUNO bank was signed in September 2015, but has not been approved by regulatory authorities, reads the Hospodárske Noviny daily.
Katarína Urban Richterová, Photo: AP/TASR
