Sociedade Comercial Orey Antunes has bought a 50% stake in Banco Inversis for €21.74m ($23.7m), as it looks to reinforce its presence in the financial sector and marking an entry into the institutional investment market. The acquisition reinforces SCOA’s investment in the financial area, provides competitive advantages on a global level, marking entry into the institutional investment market. The bank will be able to offer clients access to their accounts via mobile phones or tablets using the bank's own app, which was launched last year.
Sociedade Comercial Orey Antunes has bought a 50% stake in Banco Inversis for €21.74m ($23.7m), as it looks to reinforce its presence in the financial sector and marking an entry into the institutional investment market. The bank will be able to offer clients access to their accounts via mobile phones or tablets using the bank's own app, which was launched last year.