Deko Bank
The acquisition of deko comes just months after the appointment of new ceo john hourican.
Deko bank. Nearby university str tbilisi georgia. Deko offers finance products including consumer loans and installment credit via a panel of lenders. Newday declined to comment on the acquisition of deko. Kbw the investment bank advised deko on the sale.
The company says it has processed over 2bn in lending volumes over 10 years. Newday one of britain s biggest credit card issuers is to take over deko a fast growing player in retail finance in the first major strategic move by its new chief executive. Space of the. Dekabank was formed as a first private bank in azerbaijan in 1989.
Beli aneka produk terbaru di toko dekko dengan mudah dari genggaman tangan kamu menggunakan aplikasi tokopedia. Former royal bank of scotland rbs executive hourican helped stabilise newday after its 45bn taxpayer rescue in 2008 before moving to cyprus in late 2013 to help stabilise the country s central bank following a knock on international bailout. Until the collapse of the ussr it served as a cooperative bank whereas the central bank of azerbaijan issued a license in 1992 which granted rights to the bank to offer all kinds of commercial banking services. He went on to turn around bank of cyprus before resigning last year to take the newday job.