On 24.07.2024 the Commission for Protection of Competition published on its website its Decision No. 788 of 18.07.2024, which clears the concentration between undertakings to be implemented through the acquisition by Bulgarian-American Credit Bank AD of direct sole control over Tokuda Bank AD. The decision was issued in connection with the intention of Bulgarian-American Credit Bank AD to acquire 99.94% of the capital of Tokuda Bank AD, which we informed you about on 16 April 2024, stating that the transaction is conditional upon receipt of all necessary regulatory approvals/clearances from the competent authorities, one of which is the clearance from the Commission for Protection of Competition.