Resolutions > Resolutions of the GVH > Resolutions 2009

Vj-106/2009/8

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Case number:

Vj-2009/106

Type of case:

Mergers and acquisitions

Undertaking(s) concerned:

Volksbank Zrt. and the Hungarian Branch of BNP Paribas

Short description:

On 7 August 2009 Volksbank Zrt. and the Hungarian Branch of BNP Paribas entered into an agreement. According to the agreement Volksbank will acquire the assets and liabilities (deposits, securities, credits, loans and guarantees) constituting the portfolio of BNP.

Decision:

The Hungarian Competition Authority authorised Volksbank Zrt. Hungary to buy up the assets and liabilities constituting the portfolio of the Hungarian Branch of BNP Paribas.

Date:

30 September 2009

English summary of the decision in PDF

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