Bank Pekao joins race for SKOK Kopernika

Poland’s second-largest lender Bank Pekao has applied for 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 Thursday. Rival bank PKO BP has already secured approval for taking over the same credit union from the UOKiK. SKOK Kopernika is one of the biggest credit unions in Poland. It has 41 branches in six voivodships in central and western Poland.