The bank has recently acquired a 55% stake in Banca Carpatica.

Patria Credit bought 205.4 million shares from Banca Carpatica minority shareholders, at a price of RON0.105 per share, totaling RON21.6 million.

The offer was unfold between March 2 and 22 and was brokered by Intercapital Invest.

Besides shares acquisition, Patria Credit also contributed to the share capital hike, thus spending a total of RON122 million for the transaction.