Vista Bank (Romania) S.A. acquires a financial investment services company. „We aim to develop an integrated financial ecosystem.”

Vista Bank (Romania) S.A. signed an agreement for the acquisition of 100% of the shares of Investimental S.A., a financial investment services company. The transaction is expected to be completed in the second quarter of this year and is subject to approval by the Financial Supervisory Authority in Romania.

Mr. Georgios Athanasopoulos, Chief Executive Officer of Vista Bank, stated: “This acquisition will strengthen our presence as financial Group in the market and will enable us to offer our clients new financial products and services. Through enhanced digital experience they will have access apart from the local market to all the major markets in Europe and United States. We aim to develop an integrated financial ecosystem where clients can find traditional banking services and diverse investment
options with a seamless and intuitive experience’’

PWC and David & Baias provided financial and legal advice for the transaction.

Vista Bank has been active on the Romanian banking market since 1998, operates a network of 35 branches and 5 Business Centers, and offers a full range of products and services to both local and international clients. In recent years, Vista Bank has pursued a strategy of accelerated growth and consolidation on the Romanian market, including through acquisitions such as Crédit Agricole Bank Romania and Alpha Leasing Romania IFN S.A. For more information, please visit www.vistabank.ro.

Investimental is a broker authorized by the Romanian Financial Supervisory Authority (ASF) for stock market transactions on the Bucharest Stock Exchange (BVB), offering access both to the local market and to European and U.S. exchanges. The company has a team of highly experienced professionals and has launched innovative products such as PIES – Simplified Execution Investment Portfolios and MultiCont.