Bank Pekao greenlit to take over SKOK Kopernika

Poland’s second-largest lender Bank Pekao was granted anti-monopoly approval for the takeover of credit union SKOK im. Mikołaja Kopernika (SKOK Kopernika), the Office for Competition and Consumer Protection (UOKiK) said on Monday. Earlier this year, UOKiK granted a similar permission to Poland’s biggest bank PKO BP. SKOK Kopernika is one of the biggest credit unions in Poland. It has 41 branches in six voivodships in central and western Poland.