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Poland: PKO BP to Acquire Polish Assets of Nordea

Published: June 13, 2013; 16:39 · (Vindobona)

Bank PKO BP strikes deal to buy Nordea's Polish assets.

Poland: PKO BP to Acquire Polish Assets of Nordea / Picture: © PKO Bank Polska

PKO BP, Poland's largest lender, will purchase the Polish assets of Nordea Bank AB, comprising Nordea Bank Polska, insurer Nordea TUnZ and Nordea Finance Polska for PLN 2.83bn from Nordea AB, PKO BP announced in a market filing.

"The transaction is aimed at strengthening the position of PKO BP as the leader of the Polish banking sector, at broadening distribution channels and at…

This article includes a total of 223 words.

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