Skip to content
Advertisement

Business

PZU to eye Raiffeisen Polbank sale

20:18

Poland's largest insurer PZU will monitor the sale of  the Polish unit of Raiffeisen, Raiffeisen Polbank, according to Andrzej Klesyk, the CEO of PZU.

"As we do in a case of every big transaction in the Polish market, we will look closely at it," said Klesyk.

Raiffeisen Bank International announced it intends to sell its Polish unit in February.

Polbank was acquired by RBI in 2012. The bank's Polish unit, Raiffeisen Polbank is a top-eight player in the banking sector after acquiring Polbank. It made €84 million in Poland last year.

More from Business All