WARSAW/FRANKFURT (Germany) Poland's biggest bank PKO BP and a consortium of insurer PZU and its subsidiary Pekao are expected to file initial bids for Commerzbank's Polish arm, mBank by mid-January, three sources told Reuters.
WARSAW, Dec 4 A major shareholder in state-run
bank Pekao SA is supportive of a potential merger with
smaller rival mBank saying such a deal could bring
significant benefits including in technology.
WARSAW Poland's nationalist Law and Justice (PiS) party announced its governing cabinet lineup on Friday after winning a parliamentary election last month, setting out plans to consolidate control over state-owned utilities and financial companies.
WARSAW Poland's ruling nationalist Law and Justice (PiS) party on Monday nominated three new judges, two of them former hardline PiS lawmakers, to the Constitutional Tribunal, a move its opponents said further weakened judicial independence.
WARSAW Polish lawmakers on Wednesday voted in favour of a bill to criminalise "the promotion of underage sexual activity," in a move seen by some as a government effort to court conservative support and which outraged liberals who say the bill aims to ban sex education.
WARSAW Poland's nationalist Law and Justice (PiS) party secured a second term in power in Sunday's parliamentary election, partial results showed on Monday, but fell short of the landslide victory it needs to overhaul the constitution. | Video
LUXEMBOURG/WARSAW The European Union's (EU) top court ruled on Thursday in favor of Polish consumers who took out mortgages in Swiss Francs, allowing them to ask Polish courts to convert the loans into the local zloty currency in a blow for lenders.
Warschau Kaum hat Commerzbank-Chef Martin Zielke mit seinen kostspieligen Umbauplänen eine Baustelle im Konzern aufgerissen, steht er womöglich bald vor der nächsten Grube.
WARSAW Europe's highest court will rule next week whether a bank in Poland broke the law by selling homeowners a Swiss franc mortgage, potentially unleashing lawsuits which could wipe out Polish banking profits for years to come.
WARSAW Shares in mBank hit their highest level since early August on Tuesday, partly in response to speculation that Poland's fourth largest lender by assets is up for sale.