Croatia
The AVIS team decided to enter into negotiations for the acquisition of a banking institution.
Croatia
The AVIS team decided to enter into negotiations for the acquisition of a banking institution. The entity that will be known as AVIS Bank will manage the treasury of AVIS Global Green Energy Fund and the AVIS Global Energy subsidiaries around the world.
In February 2016, the negotiations reached were complete. The Banking unit will be further merged with a South American and an African Bank. Branches are scheduled to be opened in London, Mexico, South Africa and South America. The Bank is a public-traded treasury vehicle in Croatia and will be dual-listed on the UK and Singapore stock exchanges as well.
Timetrip
