Competition Council analysing First Bank takeover by Intesa Sanpaolo Bank
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The Competition Council is analysing the transaction by which Intesa Sanpaolo S.p.A. intends to take over First Bank S.A, the competition authority announced on Friday.
Intesa Sanpaolo S.p.A. is mainly active in the financial-banking sector, being the parent company of the Intesa Sanpaolo group. The Intesa Group is present in Romania through its Romanian subsidiary, Banca Comerciala Intesa Sanpaolo Romania S.A, agerpres reports. First Bank S.A. is a credit institution active on the financial-banking services market in Romania, operating a network of 40 branches and offering services to both…
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