Brief: Oma Saastopankki: Oma Savings Bank To Merge Two Savings Banks Into Its Business

Oma Saastopankki Oyj

10/11/2020 12:00

Nov 10 (Reuters) - Oma Saastopankki Oyj  OMASP.HE :
    * OMA SAVINGS BANK PLC HAS STARTED NEGOTIATIONS TO MERGE TWO
SAVINGS BANKS INTO ITS BUSINESS
    * STARTED NEGOTIATIONS TO MERGE EURAJOEN AND MIETOINEN
SAVINGS
BANKS INTO OMA SAVINGS BANK
    * POSSIBLE UNIFICATION WOULD TAKE PLACE IN SECOND HALF OF
2021
    * DECISIONS TO MERGE WILL BE MADE  IN EARLY 2021
    * WHEN COMPLETED, BUSINESS TRANSFERS WOULD INCREASE BALANCE
SHEET
OF OMA SAVINGS BANK BY ABOUT EUR 400 MILLION

Source text for Eikon:  ID:nGNE3j8Rgq 
Further company coverage:  OMASP.HE 

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