Spain's Santander says looking at Poland's BGZ bank

MADRID Thu Oct 24, 2013 7:41am EDT

The logo of Spanish bank Santander is seen outside a building in Madrid October 27, 2011. REUTERS/Andrea Comas

The logo of Spanish bank Santander is seen outside a building in Madrid October 27, 2011.

Credit: Reuters/Andrea Comas

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MADRID (Reuters) - Spanish bank Santander (SAN.MC) on Thursday said it was looking at buying Poland's eleventh-biggest bank BGZ BGZ.WA.

"We're looking at BGZ but I deny that we have any interest in Commerzbank (CBKG.DE)," chief executive officer Javier Marin said at a news conference.

Santander, which reported a surge in profit but a sharp fall in net lending income on Thursday, already operates in Poland through its Bank Zachodni WBK BZW.WA unit.

(Reporting by Sarah White and Jesus Aguado; Writing by Julien Toyer)

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