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Commerzbank out of game to buy Deutsche Bank Polish assets - sources
August 24, 2017 / 12:55 PM / in 3 months

Commerzbank out of game to buy Deutsche Bank Polish assets - sources

WARSAW, Aug 24 (Reuters) - Polish units of Spain’s Santander and Portugal’s Millennium BCP are left in the deal to buy Deutsche Bank’s Polish assets, while Commerzbank is out of game, three sources familiar with the situation said.

Earlier this year sources said that Deutsche Bank AG began the sale of parts of its Polish banking operations as it offloads non-core assets and frees up capital.

Commerzbank and its Polish unit mBank declined to comment. (Reporting by Agnieszka Barteczko and Marcin Goclowski; Additional reporting by Alexander Huebner in Frankfurt)

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