Exec: German merger won't affect Polish banks

Despite the planned merger of Bayerische Hypotheken und Wechselbank and Bayerische Vereinsbank in Germany, Vereinsbank Polska does not plan to merge operations with Hypobank Poland, said Albrecht Schmidt, president of Vereinsbank AG. Vereinsbank Polska plans to open new units in Katowice and Gdansk. (Gazeta Wyborcza, page 29, Reuters)