It was formed in 2001 by the merger of Bank Zachodni S.A. and Wielkopolski Bank Kredytowy SA. EM currencies also rebounded, although the zloty and the CEE region's currencies gained less than, for example, their Latam counterparts. Aleja Jana Pawła II 17 Last year, it made a net profit of 103 million zlotys. Santander Bank Polska S.A. ('the Bank') hereby advises that on 16 October 2020 it received Statement no. Reuters reported earlier this month that SocGen was exploring a sale of Eurobank, given increasing competitive pressures on the business. One of these sources also pointed to Portugal's Millennium BCP.LS as a potential buyer. REGON 930041341. EM currencies also rebounded, although the zloty and the CEE region’s currencies gained less than, for example, their Latam counterparts. English-speaking staff are available from: Pekao in turn is looking at whether to merge with another state-run Polish lender - Alior Bank. Last year, state-run entities bought Poland's second largest bank Pekao SA PEO.WA from Italy's UniCredit CRDI.MICRDI.WA. We point out that at its last meeting in July, the panel was confident that GDP growth would be significantly better than envisaged by the NBP project, In July-August Rates and FX Outlook: • In our view, the risk for Poland's growth outlook is indeed rising – GDP growth in 2017E-18E may be closer to 3% than to the government-envisaged 4%. Societe Generale, Credit Agricole, Santander, and Millennium bcp declined to comment. 00-854 Warszawa Last year, it made a net profit of 103 million zlotys. He also pointed to certain other Polish banks, which are currently being restructured, as potential sale candidates once their finances have improved. Growing hopes for more monetary stimulus by the main central banks triggered a rally in the bond markets with Polish bond yields falling to April lows and the spread vs the 10Y Bunds returning below 300bp. Although private consumption is likely to gain strength in the coming quarters, supported by solid labour income and the new child subsidies, it may take time until investments recover, and the positive impact of net exports will be hard to maintain (export growth may decelerate and imports accelerate). . Poland, NIP: 896-000-56-73 Earlier this year, BNP Paribas's BNPP.PA Polish business BGZ BNP Paribas agreed to buy Raiffeisen's RBIV.VI Polish bank, while several months earlier Santander's BZ WBK signed a deal to buy some assets of the Polish division of Deutsche Bank DBKGn.DE. Eurobank is the 17th largest Polish bank with assets of 14billion zlotys ($3.77 billion), and is more than 20 times smaller than the country's biggest bank PKO BP PKO.WA. O szczegółach dowiesz się tutaj. One of these sources also pointed to Portugal's Millennium, Eurobank is the 17th largest Polish bank with assets of 14billion zlotys ($3.77 billion), and is more than 20 times smaller than the country's biggest bank PKO BP.

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