Banque Havilland Monaco has embarked on a significant step in its strategic journey, with its parent company entering exclusive sale negotiations as of July 25. The discussions are with an unnamed, prominent private bank in Monaco, aiming for the acquisition of Banque Havilland’s shares.
This pivotal move is designed to ensure the longevity and superior quality of Banque Havilland’s banking services. The management has emphasized that the potential transaction fits perfectly within their development strategy. The unnamed private bank involved in the negotiations is renowned for having one of the highest solvency ratios in the industry and an outstanding track record within Monaco.
A representative from Banque Havilland Monaco expressed optimism about the transaction, stating to NEWS.MC, “We are pleased to engage in this transaction, which is in the best interest of clients and employees.” The parties involved are hopeful to finalize the agreement by the end of this year, pending approval from the relevant regulatory authorities.
