Pekao may acquire Raiffaisen Polbank

Poland's lender Pekao will consider acquisition of Polish unit of Raiffeisen International, Raiffeisen Polbank, the firm's CEO Luigi Lovagilio informed. "Our duty is to analyze every opportunity that appears on the market. If we are convinced that there is new quality to be created...and the price is appropriate, we will do anything to reach our goal," Lovagilio said at the press conference. Raiffeisen announced that it is going to sell its Polish operation, on Tuesday, February 10.