The rumors about plans for the sale of Pekao, the second largest bank in Poland, has appeared regularly over the years, but have never been so close to realization as it is now. This year, twice a rumor that the Italian group Unicredit, the owner of the bank is about to exit the Polish, electrified the market. “Pekao is a gem. I can not imagine such a situation “- so in January Luigi Lovaglio, the bank’s president, commented on the unofficial information about the alleged plans Italians. More or less the same said a week ago hounded by journalists during the forum EKF Sopot in Sopot. The questions were related to the publication Bloomberg in May that Unicredit made a strategic review of assets for sale, including Pekao (50.1 per cent. Of shares), Yapi Kredi in Turkey (minority stake) and Internet Fineco Bank (65 percent.). According to our information, that the analysis of the Italian businesses of the group is full. Morgan Stanley, an adviser to the Italians, already analyzing various options and preparing valuations. According to our information, unofficial channels Unicredit polls also interest in repolonizacji Pekao government in Warsaw.
At Tuesday’s press conference, representatives of PZU found that the Polish banking market awaits consolidation, which will
– It is obvious that selling second-largest bank on the market, you need to act in concert with local authorities. For now, there were no even informal meetings of decision-making. Contact is maintained by the emissaries of the middle level – says an anonymous person close to the government.


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