Legal Proceedings Report • Jun 21, 2024
Legal Proceedings Report
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Current report: according to the FSA Regulation no. 5/2018 Report date: 21.06.2024 Name of the issuer: PATRIA BANK SA Headquarters: Bucharest, District 2, Globalworth Plaza Building, Pipera no 42, floors 8 and 10 Phone / Fax No: 0800 410 310 / +40 372 007 732 Unique Registration Code with the Trade Register: RO 11447021 Order number in the Trade Register: J40/9252/2016 Subscribed and paid-in share capital: RON 327,881,437.60 The regulated market where the instruments are traded: Bucharest Stock Exchange
Patria Bank S.A. informs investors about the signing, as assignee, on June 20, 2024, with Alior Bank S.A., through its branch in Romania, Alior Bank SA Varsovia – Sucursala Bucuresti, as assignor, of a contract for the assignment of a personal needs loan portfolio of RON 97 million, balance as at April 30, 2024.
The portfolio which is subject of the transaction includes approximately 4,000 retail clients and consists of unsecured performing consumer loans, denominated in RON. The transaction is estimated to be implemented in September 2024 and will contribute to the increase of Patria Bank's portfolio of consumer loans and the bank's number of retail clients.
Patria Bank will continue to invest in the development of its services and products in order to efficiently respond to the demands and expectations of clients. This acquisition, together with dedicated campaigns for retail products, underline the Bank's commitment to growth and to consolidation of profitability.
Valentin Vancea Razvan Pasol
General Manager Director, Capital Markets & Investors Relations Division
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