The subject of the sale is a management holding comprising the group's banks and leasing companies in Bosnia and Herzegovina, Croatia, Montenegro, Serbia and Slovenia.
"Although it is the clear preference to sell the object of sale as an integral unit in the sale process, expressions of interest for only certain parts of the object of sale are permitted," Hypo Alpe-Adria-Bank International said in a statement.
Expressions of interest should be received by December 7.
Deutsche Bank AG is acting as Hypo Alpe-Adria-Bank International’s financial advisor in the sale process.