KNF: Raiffeisen must sell a part of Polbank portfolio or enter WSE

The Financial Supervision Authority (KNF) has approved Raiffeisen Polbank’s declaration, which allows Raiffeisen to sell part of its Polish unit, without its Swiss franc-denominated loan portfolio, to a Warsaw-listed bank till the end of 2016, KNF informed. Moreover, the KNF has allowed Raiffeisen to conduct the earlier planned Initial Public Offering (IPO) of Raiffeisen Polbank in Warsaw…

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