Intra-Group Merger Finalised
Globenewswire·2025-08-27 05:00
Group 1 - Bigbank AS announced the conclusion of an intra-group merger agreement between its subsidiary Balti Võlgade Sissenõudmise Keskus OÜ and OÜ Rüütli Property on 11 July 2025 [1] - The merger was officially recorded in the Estonian commercial register on 26 August 2025, resulting in the deletion of Balti Võlgade Sissenõudmise Keskus OÜ from the commercial register [2] Group 2 - As of 31 July 2025, Bigbank AS had total assets of 3.1 billion euros and equity of 284 million euros [3] - The bank operates in nine countries, serving over 175,000 active customers and employing more than 600 people [3] - Moody's assigned Bigbank a long-term bank deposit rating of Ba1, with a baseline credit assessment (BCA) and an adjusted BCA of Ba2 [3]