OREANDA-NEWS. October 06, 2007. Following the approvals given by the supervisory authorities of Cyprus and Estonia, the change of main shareholder of AS SBM Pank was registered in Estonian CSD. Marfin Popular Bank Public Company Ltd. became the owner of 50,1247% of shares of AS SBM Pank, reported the press-centre of AS SBM Pank.

Marfin Popular Bank Public Company Ltd. is an international banking group with head office in Cyprus, and more than 400 branches in 13 countries. Marfin Popular Bank has Standard & Poors' credit rating BBB+ with positive rating outlook.

The financial highlights as of 30 June 2007:
total assets EUR 29,1 billion,
deposits EUR 20,1 billion,
loans EUR 15,2 billion,
net profit EUR 343 million.