--Austria's Erste Group Bank AG is in advanced talks to buy the Czech consumer-finance business of French lender BNP Paribas SA, Bloomberg reports, citing unnamed sources.

--A deal could be announced in the coming weeks but isn't certain to be sealed, Bloomberg reports, adding that the business has the equivalent of some $463 million in loans and a share of more than 20% of the Czech credit-card market.

--Spokespeople for the two banks declined to comment to Bloomberg.

 

Full story: https://bloom.bg/3zA6igV

 

Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby

 

(END) Dow Jones Newswires

April 05, 2023 13:02 ET (17:02 GMT)

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