PKO BP not interested in Raiffeisen Polbank nor Bank BPH

Poland's largest lender by assets, PKO Bank Polski is not going to take part in sales of Polish unit of Raiffeissen Bank International nor Bank BPH, owned by GE, Zbigniew Jagiełło, the form's CEO told the ISBnews agency. "We are not planning to be involved in this processes," Jagiełło said, stressing that the lender has to deal with all the operations related to the last year's acquisition of Nordea Bank. Therefore, PKO BP is "not planning any takeovers of financial institutions, except for those who support the stability of the Polish financial system," this year. PZU, Poland's largest insurer, unlike PKO BP, is apparently more interested in Polish banking, as it secured an over 25 percent stake in Alior Bank and, according to Reuters may also bid for Raiffeisen Polbank and Bank BPH.