Running since 2008. Alior Bank, acquired last year PZU, acquired from the American group GE Capital International Holdings Limited 87.23 percent. stake in the bank’s core business of BPH.
Bloomberg quotes Deputy Prime Minister Matthew Morawiecki: – Alior Bank, controlled by PZU should continue purchases of banks, if the terms of the transaction with BPH will be beneficial for minority shareholders.
Bankier.pl recalls that Bank BPH will be a subsequent acquisition of the division of the company into two parts. In 2007. The bank was partly taken over Bank Pekao. A smaller part of the brand BPH retained and can continue to do business under this name. Then Pekao has not obtained the relevant approvals for the acquisition of the entire undertaking. It is worth recalling that before the merger in 2007. Bank BPH market power. He has held the third position in the market, it handled 3 million customers and had more than 500 branches . Today, in terms of assets is at the 11th position, the number of customers fell below a million, and the number of outlets to 105.
Alior Bank in the last. The fell into the hands of PZU, currently holding 25 percent. its shares. The agreement on the acquisition of BPH by Alior Bank is conditional and requires, among others, consent of the Financial Supervision Commission and the Office of Competition and Consumer Protection – like management of BPH.
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