Locked content Millennium Bank closer to buying Deutsche Bank Polska

WSE-listed Millennium Bank has moved onto the second phase of talks regarding buying the Polish assets of Deutsche Bank. “We’ve analyzed the, passed to the second phase, and have answered some of the required questions, but I won’t give details,” Millennium Bank CEO Nuno Amado said. Port...

Locked content Three banks under UOKiK scrutiny over FX mortgages

The antitrust watchdog UOKiK has launched inquiries into Getting Noble Bank, Deutsche Bank and Raiffeisen Bank Polska FX rates setting policies, which UOKiK calls “unclear.” “They are imprecise, arbitrarily determined. Raiffeisen set their FX rates on ‘average intra-bank exchange rates,’ Deutsche Ba...

Locked content Deutsche Bank AG pulling out of Poland – banking industry sources

A report on Wednesday stated that it had strong evidence from industry sources indicating Deutsche Bank AG will close its unit in Poland within the next year, according to Reuters news. “The axe is coming for DB Securities this time,” one of the sources said. The report indicated that the possible c...

Locked content Deutsche Bank looking to leave Poland

In order to streamline operations and increase capital, Deutsche Bank could sell its Polish division, according to a report from Reuters on Wednesday morning.  The report stated the two banking sources had confirmed that the bank wants to eliminate assets that are not related to its core business. D...

Locked content Deutsche Bank: Over half of Poles save money for “rainy daysR...

Over 55 percent of Poles put away money for a “rainy day”, a poll published by Deutsche Bank shows. This is substantially more than was indicated in an identical poll last year, where only 34 percent declared the same tendency. In a report analyzing the financial portrait of Poles, the b...