Deutsche Bank to sell its Polish banking unit - Reuters
19:43
The lender will most likely divide its business into several entities and sell PLN-denominated mortgages, consumer loans and SMEs loans separately keeping the FX-denominated housing loans, following the regulator's demand that foreign lenders exiting Poland have to keep such mortgages. “The teasers have been already sent, we are at the stage of unbinding offers now,” one source told Reuters.
According to analysts the banks assets could go for at least $450 million. Banks interested in the assets include, mBank, BZ WBK and Millennium.