PKO BP moves to unite with PZU and Bank Pocztowy

The first move is to ensure the planned alliance with insurer PZU. "I hope to sit down for a discussion with the president of PZU. We have to analyze how we could jointly create a financial group," said Juszczak, who went on to say that the merger could bring about the lowering of costs as well as benefits related to the amount of clients and the size of the two companies' networks of branches. The only problem is PZU's minority shareholder, Dutch Eureko, which hopes to control 51% of shares in the insurer after the end of arbitration court proceedings. It was also revealed that PKO BP will soon turn to Polish Post with a request to significantly increase its financial engagement in Bank Pocztowy. (Puls Biznesu, pp. 1, 6) A.K.