PZU negotiates with banks on buying assets - CEO
12:32
Poland's biggest state-controlled insurer PZU is considering purchasing several banking assets, CEO Michał Krupiński announced on radio Jedynka.
"Currently we are in talks over buying several other banking entities," Krupiński said. "I would not comment on concrete transactions. It is too early to talk about concrete targets and about buying these banks," the CEO added.
Earlier, Krupiński reported that PZU will consider taking over Bank Peako, owned by Italy's Unicredit and the Polish unit of Austria's Raiffeisen.
Currently, PZU holds a 29.22 percent stake in Alior Bank and is about to integrate it with the newly acquired assets of Bank BPH.
