PKO BP wants to hold on to leading position

"Firstly - it is unknown what part of Bank BPH will be taken over by Pekao. Secondly - the assets of the banks usually do not add up. Thirdly - even if we lose our leading position, we are capable of rapidly regaining it. Some ratios of the new bank might be better than ours, e.g. the ratio of costs to revenues," said Slawomir Skrzypek, the deputy president of PKO BP. In his opinion, after the conflict surrounding the largest domestic insurance company PZU is resolved, one should again analyze the option of merging it with PKO BP. The group could then be supported with the cooperation of Polish Post and Bank Pocztowy. However, such a concept is not very likely, as Dutch Eureko, a minority shareholder in PZU, does not agree to such a solution. Slawomir Skrzypek announced he was not planning to become the president of PKO BP after its current president Andrzej Podsiadlo leaves the post in October. (Puls Biznesu, pp. 1, 8) M.M.