Poland will seek chance to "repolonize" banks

Poland is seeking the chance to arrange the repolonization of foreign held bank assets - Poland will keep its eye on the "natural market space" to shift bank ownership to Polish hands if foreign banking groups are forced to sell their operations in Poland, deputy PM and Development Minister Mateusz Morawiecki told PAP. "We will watch the situation," Morawiecki said of potential banking market reshuffling that could result from foreign banking groups selling their units, creating "natural, market space" for the "domestication of banks." Poland will "pay close attention to market signals in order to safeguard the stability of the Polish banking sector, the ability to finance economic development and Poles' deposits," Morawiecki said.