Friday, April 25th, 2014
Today's weather     
PKO BP with partial approval of Nordea Polska takeover

26th February 2014
Bookmark and Share

The Polish Financial Supervision Authority (KNF) has approved part of the takeover of Nordea assets in Poland by the country’s largest lender PKO BP.

In a statement on Tuesday, the watchdog said that it did not object to the planned acquisition of insurer Nordea Polska TunŻ. However, it will continue its assessment of PKO BP’s purchase of Nordea Bank Polska on its March 3 sitting.

PKO BP agreed to acquire the Polish subsidiaries of Nordea Bank in June 2013. The deal has already been approved by the Office of Competition and Consumer Protection.

Poland A.M.

From Warsaw Business Journal

The business of politics
Poland’s PM owes Putin one
BY Remi Adekoya
A few months ago, Civic Platform (PO), Poland’s ruling party, looked sure to lose the upcoming European Parliamentary elections in May. Poll ... READ MORE
From the editor
A day full of possibilities
BY Andrew Kureth
My favorite cartoon ever drawn is the final strip of the iconic “Calvin and Hobbes” series, by fellow Kenyon College alumnus ... READ MORE
Our partners