AIK Banka a.d. Belgrade signed a share purchase agreement to acquire Eurobank Direktna a. d. Beograd from Eurobank S.A. and former Direktna Banka shareholders on March 2, 2023. The transaction values 100% of Eurobank Direktna at ?280 million and is expected to be completed within the year 2023, subject to customary regulatory and other approvals. UBS Investment Bank acted as financial advisor, BNP Paribas SA (UK branch) acted as fairness opinion provider, Milbank LLP acted as international legal advisor and Zivkovic Samardzic Law office acted as local legal advisor to Eurobank in this transaction. JPMorgan Chase acted as the exclusive financial advisor to AIK Banka in the transaction. Moravcevic Vojnovic and Partners in cooperation with Schoenherr acted as legal advisor to AIK Banka. Holman Fenwick Willan USA LLP acted as legal advisor to AIK Banka a.d. Belgrade.

AIK Banka a.d. Belgrade completed the acquisition of Eurobank Direktna a. d. Beograd from Eurobank S.A. and former Direktna Banka shareholders on November 2, 2023.