Alliance Bank Bulgaria AD Acquires Shares from Alliance Leasing Bulgaria EAD
Alliance Bank Bulgaria AD – Sofia has acquired all 6,204,082 shares with a nominal value of 1 BGN each from the capital of Alliance Leasing Bulgaria EAD – Sofia, the credit institution announced. The shares were purchased from the bank’s parent company – Alliance Bulgaria Holding AD. The transaction took place on July 26. The acquisition is a result of an internal restructuring within the Alliance group in Bulgaria. With this move, Alliance Bank Bulgaria and the Alliance group aim to optimize their structure and increase the efficiency of their operations.
Allianz Bank Bulgaria: A Leader in Financial Services
Allianz Bank Bulgaria is a prominent player in the Bulgarian financial services market, according to the company. As part of Allianz SE, a global leader in insurance and financial services with over 125 years of history, the bank has more than 90 offices across the country and over 1.3 million clients.