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Advent Acquires tbi Bank, Expands Southeast Europe Reach

2/27/2026

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Story summary
  • Advent International has completed its acquisition of tbi bank after regulatory approval from the European Central Bank.
  • The deal was announced in April 2025 and broadens Advent's presence in Southeast Europe.
  • tbi operates in Bulgaria, Romania, and Greece, serving 2.7 million customers.
  • tbi issued over 1 million loans in 2025.
  • Advent aims to expand tbi's digital capabilities and merchant partnerships.