TF Bank has completed mergers
TF Bank has simplified the legal structure of the group by completion of the mergers of the three wholly owned subsidiaries BB Bank ASA, Avarda AB and Avarda Oy. TF Bank announced on the 21 Mars 2019 that the board of directors had decided to initiate a process to simplify the legal structure of the group by merging TF Bank and the wholly owned subsidiaries BB Bank ASA, Avarda AB and Avarda Oy. All three mergers have now been completed. The purpose of the mergers is to: · enable a higher internal efficiency; · to be able to gather more products under the TF Bank brand; and ·