PZU and PFR will talk with UniCredit – Polish Radio

On Wednesday, Bloomberg reported that the Italian UniCredit, the owner of 40.1 percent. Pekao SA, does not exclude sales now total shareholding of the bank.

Krzysztof Pietraszkiewicz, President of the Polish Bank Association, points out that Friday’s stress tests, which will include 51 European banks will show the condition of individual institutions and the possible defects in the equity. Their bad result, may lead UniCredit to sell the rest of the Polish bank.

– In a few days it remains to be seen what strategy will take UniCredit. A review of the condition of banks in Europe, which is the next phase of special tests, organized by the European authorities – says the guy, “Ekpressu economic.” – Those banks that have a problem with sufficient capital in relation to the size of the business in their home countries, in the case of UniCredit in Italy, have to decide. One option being considered seriously, and already partially implemented, it is possible sale of part or all shares in Polish bank – he said.

Customers Pekao SA can sleep peacefully

As the head of the PBA, customers of bank Pekao SA, independent of the condition of UniCredit or any decision to sell the shares in Polish bank, however, have no reason to worry.

– for customers Pekao SA, it is important that this is a Polish bank, albeit with a large share of foreign capital. Here are his own funds. This bank is well supervised, works well and, therefore, customers do not have to fear that the bank will run smoothly – emphasizes the caller Ones.

Pekao hardly will go to a foreign investor

In buying Pekao SA may be interested in PZU, whose president Michael Krupiński not rule out further after Alior Bank acquisitions on the domestic market.

It is not known whether the potential transaction but it will be attractive to foreign entities, such as notes guest “economic Ekspress”, due to the decrease in the profitability of investing in the Polish banking sector.

– Polish banking is considered to be very good against the rest of Europe. However, one should look at the profitability of Polish banks due to the introduction of various solutions and loads, among others restructuring costs of credit unions, which have been passed on to the banks or additional bank tax, means that the profitability of investing in the Polish banking sector very significantly reduced and therefore many investors will certainly be very carefully look at whether it would be profitable business and what will be the policy of the state to the Polish banking sector – emphasizes Krzysztof Pietraszkiewicz.

In July, UniCredit has already sold 10 percent of shares in Pekao.

Representatives of UniCredit not confirmed yet officially planned sale of the entire stake in Pekao.

a Krzysztof Pietraszkiewicz in “Ekpressie economic” also spoke about the results of the study “Millions of Poles.”

Robert Lidke, Celebrating