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Raiffeissen proceeds with Polbank share sale

13:52

Polish daily Puls Biznesu said Raiffeisen Bank has filed a prospectus with the Polish financial regulator KNF to float 15 percent of its Polbank unit in Warsaw. In 2012, the KNF agreed for the takeover of Polbank by Raiffeisen under the condition that Raiffeisen Polbank will be traded on the WSE by June 2016. Neither Raiffeisen, nor the regulator were immediately available for comment.  

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