Czarnecki interested in Bank BPH - Reuters
15:47
Polish billionaire Leszek Czarnecki is interested in purchasing Bank BPH, owned by General Electric, Reuters reported on Friday. The agency cited three sources familiar with the situation.
Market capitalization of BPH's amounts to $891 million, which makes it Poland's tenth largest lender by asset value.
General Electric has informed it is pondering selling its 87.3 percent stake.
State-controlled insurer PZU has already expressed interest in BPH.
Neither BPH nor Getin Holding, which is owned by Czarnecki, commented on the news, Reuters also informed.