CREDITAS completed the acquisition of Expobank.

CREDITAS, a bank, completed the acquisition of Expobank, a bank. Financial terms were not disclosed. “We appreciate the prompt action by the regulators. The purchase of Expobank CZ fully conforms to our growth strategy. The business models of Banka CREDITAS and Expobank CZ complement each other, and we can add new products and expand services to our clients,” Vladimír Hořejší, Banka CREDITAS Chairman of the Board of Directors.