Nordea Bank Polska brand will cease to exist in November

The legal merger of PKO BP with Nordea Bank Polska will be concluded on October 31 and the Nordea brand won't be used within two weeks from that date, PKO BP's integration project leader Jarosław Orlikowski told the Polish Press Agency. The operational merger is planned for March 2015. The integration process will concern over 300,000 former Nordea Bank Polska clients. PKO BP secured the financial market regulator's blessing for the deal in September. The bank concluded the takeover of Nordea Bank Polska, Nordea Finance Polska and Nordea TUnZ for a total of PLN 2.81 billion.