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BNP Shows Interest in Taking Over Polish BGZ

Published: November 8, 2013; 20:17 · (Vindobona)

In the race for the Polish lender BGZ, the biggest French bank BNP Paribas enters the stage.

BNP Shows Interest in Taking Over Polish BGZ / Picture: © BNP Paribas

This week, BNP Paribas has issued a non-binding offer for BGZ (Bank Gospodarki Zywnosciowej SA). BNP´s aim is to expand in the biggest economy in the CESEE region.

However, BNP is far from being the only potential buyer. In order to complete its local affiliate Bank Zachodni WBK, Spanish Santander intends to take over the Polish lender BGZ. Already in October,…

This article includes a total of 254 words.

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