September 24, 2019 / 11:37 AM / a month ago

Whether to buy mBank should be a business decision: Polish PM

FILE PHOTO: Poland's Prime Minister Mateusz Morawiecki takes part in ceremony to lay a cornerstone for the Museum of Westerplatte and the War of 1939 in Gdansk, Poland September 1, 2019. Bartosz Banka/Agencja Gazeta via REUTERS

WARSAW (Reuters) - Poland’s Prime Minister, Mateusz Morawiecki, said on Tuesday that any decision to buy Commerzbank’s (CBKG.DE) Polish unit mBank (MBK.WA) should be taken on business grounds, commenting on speculation of potential state-run bank interest in the lender.

“Generally speaking I’m in favor of increasing Polish ownership,” Morawiecki said during a news conference when asked if any of the state-run banks should be interested in Poland’s fourth-largest lender by assets.

Reporting by Anna Koper and Pawel Florkiewicz; Writing by Marcin Goclowski, editing by Louise Heavens

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