TresMin: PZU should buy more banks

Poland's treasury minister Dawid Jackiewicz said on Thursday that Poland's state-owned PZU should buy more banks to strengthen the country's grip on the sector,  Reuters reported. "PZU's capital should be used well. We need to invest in the banking sector to strengthen Polish capital there," Jackiewicz said. "We are changing the supervisory board in this company so that it could earnestly evaluate the work by the management board and the chief executive," Jackiewicz said. "If the opinion is positive, we will continue cooperation (with this management board)." The banking sector is now 60 percent owned by foreign players. Last year, PZU bought mid-tier lender Alior Bank.