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Croatia
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Koncar, Electromontaj partner for 188 mln euro HPP overhaul deal
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INTERVIEW – Moldova hopes for 600 mln euro in FDI in 2024
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OMV Petrom secures vegetable oil for green diesel
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Croatia's ESB to absorb ECC's card issuing business

Jun 27, 2024, 12:49:04 PMArticle by Annie Tsoneva
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June 27 (SeeNews) - Croatian Erste&Steiermarkische Bank (ESB) said it plans to integrate the card issuing segment of its subsidiary Erste Card Club (ECC).

Croatia's ESB to absorb ECC's card issuing business
Erste&Steiermarkischebank's office in Zagreb. Photo by Erste&Steiermarkischebank.

ECC will continue its operations in the merchant acquiring segment, the bank said in a filing to the Zagreb bourse on Wednesday.

Erste&Steiermarkische Bank is part of the Austrian banking group Erste.

ECC generated revenue of 98.8 million euro ($106 million) in 2023, down from 111.3 million euro in 2022, according to business information provider Dun & Bradstreet.

($ = 0.936 euro)

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Koncar, Electromontaj partner for 188 mln euro HPP overhaul deal
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