BGŻ BNP Paribas launches Raiffeisen’s due diligence - media

According to Rzeczpospolita and Parkiet dailies, BGŻ BNP Paribas has launched due diligence of Raiffeisen Polbank, which means that the sale is getting close. “We’re after the management presentation when Raiffeisen’s board presented the lenders current status. Both BGŻ BNP Paribas and BNP Paribas representatives were present. Now it’s time for due diligence,” Rzeczpospolita wrote citing sources close to the situation. Both banks did not make any comments. The transaction, if it will occur, will not cover Raiffeisen’s FX mortgage portfolio.