MeDirect Bank’s parent company has recieved a binding offer from Banka CREDITAS to purchase all shares of the Malta-registered bank.
The bank is owned by MDB Group Limited, and the direct shareholder is Medifin Finance Limited.
Banka CREDITAS intends to invest additional capital into MDB Group or its subsidiary companies.
Banka CREDITAS is a Czech financial institution that is part of Creditas Group, a privately-owned investment group with investments primarily in financial services, real estate and energy.
The financial services arm of CG has investments in banking, investment services, asset management, leasing and other related areas.
It obtained a banking licence in 2017 after operating since 2016 as a savings association, and it now has over 200,000 clients.
Since then, it has embarked on a wave of acquisitions, bringing its total assets to 5.23 billion.
Written By
Nicole Zammit
When she’s not writing articles at work or poetry at home, you’ll find her taking long walks in the countryside, pumping iron at the gym, caring for her farm animals, or spending quality time with family and friends. In short, she’s always on the go, drawing inspiration from the little things around her, and constantly striving to make the ordinary extraordinary.
