KNF unlikely to approve BPH sale

It is highly unlikely that the Polish Financial Supervision Authority (KNF) will approve the sale of Bank BPH by GE to any bank operating in Poland, the watchdog’s vice-president Wojciech Kwaśniak told Reuters in an interview. Soon after the announcement by GE that it could sell the Polish bank, KNF head Andrzej Jakubiak said that…

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