Reuters logo
Norwegian savings banks Nesset and BFH plan to merge
August 23, 2017 / 4:40 AM / in 3 months

Norwegian savings banks Nesset and BFH plan to merge

Aug 23 (Reuters) - Unlisted Norwegian savings banks Nesset Sparebank and Bud, Fraena og Hustad Sparebank late on Tuesday announced merger plans:

* The purpose of the transaction is to build a larger, more competitive regional bank

* Depending on regulatory approval, the banks aim to complete transaction in Q1 2018 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below