AikGroup to acquire 91.75% shares of PODRAVSKA BANKA

04 May, 2026 - AikGroup has entered today into share purchase agreements with the goal to acquire 613,567 shares in PODRAVSKA BANKA d.d. The shares represent approximately 91.75% of the share capital of PODRAVSKA BANKA.

The agreed price per share is EUR 68.7851. The closing of the shares acquisition (which is expected in the coming months) is subject to obtaining all the necessary regulatory approvals from the Croatian National Bank, European Central Bank, the competent authority under the Croatian Foreign Investment Screening Act, and competition authorities in Serbia, North Macedonia and Montenegro.

Following the closing of the share acquisition, AikGroup will be obligated to announce a mandatory takeover bid for the remaining shares of PODRAVSKA BANKA, in accordance with the Croatian Takeover Act.

“This is the second consecutive year that AikGroup is geographically expanding, which is a remarkable milestone in delivering our Group strategy. Our goal is to achieve a significant presence across Southeast Europe, and we are pushing forward with this ambition through the acquisition of PODRAVSKA BANKA, which will be AikGroup’s fourth overall and second EU market. We are confident that we will be able to provide top-tier financial services to all client segments in Croatia, and equally important, be a reliable partner for sustainable growth to the local market”

Razvan Munteanu, CEO of AikGroup.

AikGroup is a leading financial holding company in the Southeast Europe region having the following financial institutions subsidiaries: AikBank, AikLeasing and MV Investment in Serbia, Gorenjska Banka and GB Leasing in Slovenia and Hipotekarna Bank in Montenegro. AikGroup is a growth-oriented banking group with over 3.200 employees providing a broad range of financial solutions to all customer groups. As of 31 December 2025, AikGroup total assets stood at over EUR 10 billion, supported by strong capital base EUR 1.4 billion.
This acquisition would be the first investment of AikGroup in the growing Croatian market. PODRAVSKA BANKA, with more than 150 years of tradition, has a regional and SME focus, proving to be a strong supporter of the local community.