Skip to content
Advertisement

Business

Poland to domesticate foreign banks - Morawiecki

17:15

Poland will seek to domesticate (if it cannot buy them outright) any foreign-owned banks that could be put on sale, Deputy Prime Minister and Development Minister Mateusz Morawiecki announced on Friday.
"Speaking broadly, if a bank is put up for sale, then we would like its decision center to be in Poland, as that's how I understand domestication," Morawiecki said, speaking about Poland's plans for Pekao bank. The Development Minister said Poland doesn't currently have any concrete targets with respect to foreign-owned banks.

More from Business All