Italian banking group Intesa Sanpaolo has
strengthened its presence in the Slovak leasing market, after its
subsidiary VÚB Banka gained full control of VÚB Leasing.

Bratislava-based VÚB Banka, of which Intesa
owns a 97 percent stake, already had 70 percent of the lessor. It
recently completed the acquisition of the remaining 30 percent
stake from Prva Slovenska Investicna Skupina, a Bratislava-based
company.

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The company has appointed Miloš Bikár as its
new CEO, replacing Martin Rajec.

Bikár said: “My primary objective will be to
relaunch VÚB Leasing so that the company’s position is close to the
market position of VÚB Bank in Slovakia”.

VÚB Banka is ranked as one of the top three
banks by market share in Slovakia.

Bikár has been working in the banking sector
for over 8 years. Since 2006, he was head of VÚB Banka’s SME
department, where he implemented a number of changes and
strengthened the market position of the bank in the SME
segment.

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