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PKO BP won't buy Alior Bank

Poland’s largest lender PKO BP has no plans to take over Alior Bank, CEO Zbigniew Jagiełło said at investors chat when asked about such an option.

Market reports saw PKO BP as a possible investor in view of the planned sale of shares by Alio Bank’s main shareholder.

The Carlo Tassara group, which holds 34 percent in Alior Bank, is obliged to sell the stake. The Polish Financial Supervision Authority has agreed to extend the deadline for the sale from end-2013 to December 31, 2014.

Poland A.M.

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