GLS Alternative Investments SICAV - Mikrofinanzfonds, managed by IPConcept Fund Management SA agreed to acquire a 5.4% stake in MF Banka a.d. Banja Luka from Mikrokreditno drustvo Mikrofin d.o.o. Banja Luka for ?2.5 million on December 15, 2022. Shareholder of MF Banka a.d. Banja Luka have approved the transaction.

GLS Alternative Investments SICAV - Mikrofinanzfonds, managed by IPConcept Fund Management SA completed the acquisition of a 5.4% stake in MF Banka a.d. Banja Luka from Mikrokreditno drustvo Mikrofin d.o.o. Banja Luka on December 15, 2023, which is an estimated completion date.