Medirect Bank, MDB Group approve merger terms
Bitget2026/10/28 16:23- Medirect Bank (Malta) and parent MDB Group boards approved draft merger terms on October 28, 2026.
- The European Central Bank confirmed no supervisory objections to the proposed merger on October 8, 2026.
- The bank will absorb MDB Group, which will cease to exist as a separate legal entity.
- The merger aims to simplify CREDITAS group’s structure and streamline governance and administrative functions.
- Completion remains subject to statutory processes and outstanding legal and regulatory requirements.
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