Bids for Croatian Splitska Banka, being sold-off as a consequence of the Unicredito/HVB deal, are expected to be submitted by the end of January, according to a Reuters, citing unnamed sources. This comes as no surprise, as it was announced in December that Unicredito was asked to sell the bank. Likely bidders include Societe Generale, Greek banks such as National Bank of Greece, Poland’s PKO BP, and German banks. Many other potential bidders such as Hungary’s OTP are expected to be blocked by regulators from bidding, as the central bank seeks limit the concentration of the sector. Nonetheless, given that OTP Bank would have less than 15% market share if it were able to combine Splitska Banka with Nova Banka, we still see some possibility that it could bid.