Announcement View
Company AS Inbank
Type Company Release
Category Other corporate action
Publicize date 01 Jul 2022 12:28:07 +0300
Languages
Kell English
Currency
Title Inbank completed the sale of its stake in Maksekeskus
Content
AS Inbank completed the sale of its 29.8% stake in Maksekeskus AS.

The Estonian Financial Supervision Authority and the Estonian Competition
Authority have approved the transaction whereby Maksekeskus AS shareholders sold
99% of Maksekeskus AS shares to Luminor Bank AS.

As part of the transaction signed on 1 February 2022, Maksekeskus Holding OÜ, a
subsidiary of AS Inbank, sold its entire 29.8% stake in Maksekeskus AS to
Luminor Bank AS.

Inbank is a consumer finance-focused digital bank active in the Baltics, Poland,
and Czechia with additional deposits accepted in Germany, Austria, the
Netherlands and Finland. Inbank has over 4,700 active partners and 804,000
active contracts. Inbank bonds are listed on the Nasdaq Baltic Stock Exchange.