WARSAW, July 31 Poland's No.3 lender Bank
Zachodni WBK will look at takeover opportunities in
Poland, but does not need to do deals to achieve its target of
profit growth, the group's chief executive said on Thursday.
"If there's a right occasion, then together with our
colleagues from Santander we'll look at it, but the critical
mass we already achieved is so big that it's not a condition for
further growth," CEO Mateusz Morawiecki told Reuters.
He added the bank, which built its position by a series of
local takeovers by its owner, Spain's Banco Santander,
expected to book a net profit this year larger than last year's
1.86 billion zlotys ($598.4 million).
($1 = 3.1085 Polish Zlotys)
(Reporting by Marcin Goclowski; Writing by Adrian Krajewski;
Editing by David Holmes)