Serbia renews advisory tender for sale of Privredna Banka stake, extends deadline

The original bidding deadline expired on December 13.

Bidders can purchase tender documents for 3,000 dinars ($35.1/26.5 euro), a copy of the public notice made available to SeeNews by Privredna Banka showed.

Earlier this month, Serbia issued a call for expressions of interest in the recapitalization, merger or acquisition of Privredna Banka Beograd that would allow the investor to purchase a controlling stake in the majority state-owned lender.

The government owns 64.8% of the Belgrade-based bank.