Unicredito may replace Creditanstalt on the WSE

The Milan based office of the bank refused to comment on the information. "The decision has already been made, but the actual operation will be carried out next year," said a person close to the Italian group. The transaction was announced when the Italian institution was trying to convince the Polish authorities to permit the transaction of merging Pekao with Bank BPH. The first such declaration was made by Alessandro Profumo, president of UniCredito, in the middle of last year. Italian supervision of its Polish companies should be tighter over the following weeks when the new supervisory board of Bank BPH is appointed. (Parkiet, p. 5) M.M.