Q4 "forced" sale of shares in BH and ING BSK?

"I assume that in the second half of October the market will know about the final solutions which were accepted," said Wojciech Kwaśniak, the head of the Commission. The lowering of the financial engagement of the investors should be finalized during the forth quarter. According to analysts, this could take place through the sale of shares to selected investors or floating them on the WSE. A new share issue by either of the banks is very unlikely. According to regulations, Citibank and ING must limit their stakes to 75%. The first of the investors controls 89.33% in Bank Handlowy, while the latter controls 87.77% of shares in ING BSK. (Parkiet, p. 7) A.K.