WARSAW--Poland's top bank by assets PKO Bank Polski SA (PKO.WA) isn't interested in taking over smaller rivals, the bank's chief executive Zbigniew Jagiello said on Monday.

Austria's Raiffeisen Bank International AG said earlier this year that it plans to sell its local Polish unit, joining other foreign investors which are considering exiting a market that is seen as very fragmented and competitive.

PKO BP is completing the integration of Scandinavian Nordea's unit, which it acquired in 2013.

Write to Patryk Wasilewski at patryk.wasilewski@wsj.com

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