Poland's Top Bank Not Interested in Buying Rivals Says CEO
March 16 2015 - 4:14PM
Dow Jones News
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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