Alior Bank acquires credit union Powszechna SKOK

The financial market regulator KNF has approved Alior Bank’s decision to take over ailing credit union Powszechna SKOK with deposits of PLN 42 million, the watchdog informed. “Alior Bank’s situation allows it to take over Powszechna SKOK in a way which can preserve the financial market’s stability and full security of means gathered at the SKOK,”…

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