PKO expects significant deal from Visa

Following the announcement that Visa Inc will buy Visa Europe, Poland's biggest bank by assets PKO  said on Monday that it expects significant income from the deal. "PKO Bank of Poland being a member of Visa Europe- as a beneficiary of the transaction - will participate proportionally to the share of the bank in the adjusted revenues of the Visa Europe," PKO said in a statement. The lender said that a precise estimate of the impact of the Visa deal on PKO's results would only be possible after receiving information about the split of the transaction value among Visa Europe members.