Acquisition of a majority stake in BISE Bank by DnB Nord Bank

Strategic advisory to Bank DnB Nord, significant market player in the North-Eastern European banking sector, on select aspects of the acquisition of a 76% stake in BISE, Polish bank focusing on SME and municipality financing

On April 26, 2007 Bank DnB NORD successfully closed the purchase of 76% of shares in Bank BISE from Credit Cooperatif and Industrial Development Agency.

Additionally, the bank intends to acquire the shares owned by minority shareholders to achieve a 100% share in BISE.

FIDEA acted as financial adviser to Bank DnB NORD on select strategic aspects on the transaction.

Transaction team



President of the Management Board, Managing Partner


April 2007


Financial services

Transaction value

EUR 140m