Merger mania?

There are already rumors of Belgian KBC, which controls Kredyt Bank, holding talks with BCP of Portugal, regarding the merger of BCP's Polish bank - Millennium - with Kredyt Bank. The two institutions claim 4% and 5% of the Polish market respectively, a measly figure compared to around 20% boasted by each of the two leading banks - state owned PKO BP and the merged Pekao-BPH.