BGŻ shareholders finally allow the bank to go public

"This will take place in Q2 or at latest in Q3 next year," said Rutger Schellens, chairman of BGŻ's supervisory board. He went on to say that only shares held by the state will debut on the bourse, but other minority shareholders will also be free to dispose of their stakes. "Rabobank is not planning to sell any of its stake. However, we want to buy the shares held by the EBRD. To this end we applied to the Banking Supervisory Commission (KNB) for permission to exceed the 50% threshold. We hope to receive it later this year," said Rutger Schellens. He went on to say that following the IPO BGŻ might be merged with Rabobank Polska. (Puls Biznesu, pp. 1, 4-5) M.M.