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J&T Interested In Buying Dexia Banka Slovensko

Bratislava, October 4 (TASR) - J&T Finance Group is interested in acquiring Dexia Banka Slovensko, J&T Finance Group spokesman Maros Sykora confirmed on Monday.

The finance group has informed DEXIA SA Brussels, the mother company, about its intentions in a letter, and has initiated the negotiations on buying out the shares of Dexia Banka Slovensko.

"J&T group is focused on private and investment banking, assets management and providing project financing. We view the potential acquisition of the Dexia Banka as an interesting investment opportunity that would allow us to extend our activities into other areas we're interested about," said J&T Group President Jozef Tkac.

J&T leadership informed DEXIA group representatives about its strong position in the central European region and the expansion of its banking activities into the Russian Federation, Switzerland and Caribbean. The Belgian-French group Dexia needs to sell its share of Dexia Banka Slovensko based on the verdict of the European Commission.

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