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Santander Close to Become a Leading Player in Poland
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According to the Polish daily Rzeczpospolita, Santander, the Euro zone’s top lender, made a binding offer for Polish Kredyt Bank.
Santander Close to Become a Leading Player in Poland / Picture: © Vindobona.org
News that Belgian KBC is talking directly only to the Spanish group has already emerged some time ago.
The Belgian bank controls 80% of Kredyt Bank. The current market value of the Polish bank is estimated to amount € 0,84bln (3,6bln PLN).
Since Santander is already the owner of another Polish Bank BZ WBK, through buying Kredyt Bank, it will strengthen his corporate…
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