Addiko Bank has announced a sponsorship deal to support Serbia's junior women's rowing team, which recently won silver at the European Championships.

The bank stated the initiative aims to highlight athletic talent in sports that often receive less mainstream attention.

NLB recently launched a counter-offer that exceeds Raiffeisen's bid by 40%, signaling a decisive phase in the contest for control.

The sponsorship announcement comes as the Austrian lender faces a complex corporate environment.

Addiko Bank is currently the subject of a contested takeover battle between Slovenian lender NLB Group and Raiffeisen Bank International.

NLB recently launched a counter-offer that exceeds Raiffeisen's bid by 40%, signaling a decisive phase in the contest for control.

This community-focused move contrasts with the bank's recent financial challenges.