The Financial Stability Fund has published details relating to JP Morgan and Nomura International’s valuation process in determining a fair price for the National Bank.
The reports of the two credit consultant firms aimed to determine a range of prices for 100% of the National Bank’s capital stock, by employing the usual valuation methods.
JP Morgan submitted its valuation report to the FSF on the 8th of May 2014, while Nomura submitted its report on the 9th of May 2014. The reports took into consideration the capital needs of the bank, while disregarding the growth (pre-money).
