Bank Slaski and ING Bank are ruminating how best to work together
Katowice-based Bank Slaski (BSK) and Dutch-owned ING Bank N.V in Warsaw are
considering combining their operations to ensure greater profitability. Both
companies are to begin examining how best to consolidate their operations.
BSK spokesman Henryk Nykiel says the integration will not be made quickly
and the management boards of both companies are still only talking about
about such a possibility. The Dutch bank holds nearly a 55% stake in BSK,
which has a market capitalization of $505 million. (Reuters, Puls Biznesu
page 6) M.M.