Sources: BPH stake sparks interest of eleven banks
Not all of the 11, though, are expected to place final offers with the State Treasury by tomorrow's deadline. According to sources close to the privatization, the banks thinking of pursuing BPH are: Bank Handlowy, BIG Bank Gdanski, ABN Amro, ING Barings, Bank of America, GE Capital Bank, Skandinaviska Enskilda Banken (S-E-Banken), another as yet unnamed Scandinavian bank, Allied Irish Bank, Deutsche Bank and Bayerische Landesbank (BLB). BLB is unlikely to make a formal offer for BPH, according to sources with that bank. (Warsaw Business Journal, page 1)