December 10 (SeeNews) - Serbia's finance ministry is inviting binding bids for the sale of 28.51% shareholding interest in Jubmes Banka [BEL:JMBN], the ministry said on Monday.
Interested investors will be able to apply until January 24 for accessing the confidential data room of Jubmes Banka, while the deadline for submitting binding bids is April 9, the finance ministry said in a notice published on its website.
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The Serbian government plans to sell 82,225 ordinary shares of Jubmes Banka.
In July, the government said it plans to sell the state-owned stake in Jubmes Banka as part of the implementation of its agenda of reform of financial institutions.