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Poland to domesticate foreign banks on sale - Morawiecki

17:10

Poland will seek to domesticate (if it cannot outright buy) 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, telling about Poland's plans on Pekao bank. Though, Development Minister said Poland currently doesn't have any concrete targets with respect to foreign-owned banks.

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