In the banking sector over the next few years there will be some consolidation processes, on which you can earn by taking bonus. My dream would be to create an entity in the top five, and maybe on the podium. We have to buy 2, 3, 4 banks and put them together – Klesyk said during the debate of the Institute of Liberty.
Definitely the first five banks is not for sale, but banks from 6 to 20 have no chance to survive – said the president.
Klesyk stressed that 100% supports the position of the Polish Financial Supervision Authority (KNF), which clearly indicates that it will not accept any takeover of the bank, in which the risk of mortgage loans would be transferred to the purchaser – ie. New owner .
For me taking on the risk of conversion is like Russian roulette. For example – the risk of foreign currency loans, which is now Raiffeisen Bank in Poland must be completely overhauled in Austria – he stressed.
PZU announced in late May. It has entered into a preliminary agreement to acquire a total of 18 318 473 shares Alior Bank, constituting approx. 25.26% of the share capital, for 1,635 billion zł. The price per share to be acquired will amount to 89.25 zł. PZU indicating that this transaction is purely financial in nature, but the insurer wants to be banking market consolidator.
The group of PZU SA (PZU Group) is one of the largest financial institutions in Poland and Central and Eastern Europe. In addition to the business of insurance PZU Group is also active in the management of open pension fund, investment funds and savings programs. PZU Group assets amounted to 67.57 billion zł at the end of 2014.
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