Bulgaria's Minev and Mutafchiev sell North Macedonia's Uni Bank to Sparkasse

What's the deal? Bulgarian investors Tseko Minev and Ivailo Mutafchiev have agreed to sell their stakes in North Macedonia's Uni BankDealroom has a profile for this one. Try Dealroom → to Austria's SparkasseDealroom has a profile for this one. Try Dealroom →. The buyer disclosed its plan in a filing to the Skopje stock exchange, announcing a tender offer to all shareholders at €126.3766353 per share.

The numbers: The price values the bank at €69 million. Minev and Mutafchiev each hold a 36.45% stake and stand to receive just over €25 million apiece.

Who's involved? Minev and Mutafchiev are the controlling shareholders of Bulgaria's First Investment BankDealroom has a profile for this one. Try Dealroom →. Sparkasse is an Austrian banking group expanding through the deal, which was announced in September 2026.

The signal: The sale marks another step in the consolidation of banking across the Balkans, with Western European groups buying into smaller regional lenders. For Minev and Mutafchiev, it trims their financial holdings beyond Bulgaria's borders.

Read more: capital.bg

Image credit: jasminejennyjen