Page 2 - mega 07-08 2021

РУБРИКА

What was the biggest challenge time during the project.
in the execution of the acquisition?
How do Sparkasse Banka Make-
G. Bucher: One of our biggest chal- donija figures look now, after the suc-
lenges within the last two years, was cessful integration process?
the long-lasting due-diligence and
keeping the complex project on track G. Bucher: With the successful
during travel restrictions due to CO- completion of the accession process,
VID-19. Also working as two separate Sparkasse Banka Makedonija expand-
entities on the market and comply ed its client network and increased
with data protection and banking se- its market share of 13,4% in the retail
crecy – no exchange of client infor- segment and 15,1% in the corporate
mation – although Sparkasse Banka segment. The integrated Bank will
Makedonija and Ohridska Banka have now serve more than 140.000 clients,
the same owner, was a challenging through 35 branches and a wide net-

july/August 2021 343