PKO BP and BZ WBK vie to buy AIG Bank
"For PKO BP it would make more sense to purchase a bank operating in the retail segment rather than opt for an acquisition abroad, as it has no experience in such transactions," said Andrzej Powierża, analyst with DM Bank Handlowy.
The purchase of AIG Bank would enable PKO BP to enter niche segments of consumer banking, in which PKO's position has not been strong so far. Moreover, the bank's zł.7.3 billion assets would mean PKO BP would be able to regain its number one position in terms of asset value.
According to Rzeczpospolita, the value of AIG Bank is around zł.1.5 billion.
Source: Rzeczpospolita (M.M.)
The purchase of AIG Bank would enable PKO BP to enter niche segments of consumer banking, in which PKO's position has not been strong so far. Moreover, the bank's zł.7.3 billion assets would mean PKO BP would be able to regain its number one position in terms of asset value.
According to Rzeczpospolita, the value of AIG Bank is around zł.1.5 billion.
Source: Rzeczpospolita (M.M.)
