Bank Polska Kasa Opieki SA (PEO.WA)
PARIS, July 4 Credit Agricole SA said on Wednesday it does not intend to sell its banking unit in Poland after two sources in Warsaw said the French bank believed it lacked the necessary size to compete with larger local players.
* Potential deal confirms consolidation trend in Polish banking
June 28 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
WARSAW Poland's second largest Bank Pekao is likely to pursue a merger with smaller rival Alior Bank but will delay publishing a recommendation on the tie-up until after June, two sources familiar with the matter said.
WARSAW Santander is on a list of potential buyers of Societe Generale's Polish business Eurobank, two banking industry sources said.
* Low rates, regulatory pressures squeeze small banks (Adds background, more detail)
WARSAW French bank Societe Generale is exploring a sale of its Polish unit Eurobank, which is facing rising pressure from competitors, two investment bankers in Warsaw said.
WARSAW, May 16 Top Polish insurer PZU SA on Wednesday reported a 640 million zloty ($176.19 million) first-quarter net profit, down 32 percent, as weak performance by the Warsaw bourse dented its investments.
WARSAW, May 10 Poland's Bank Pekao said on Thursday its first-quarter net profit rose 12 percent year-on-year to 392 million zlotys ($109.06 million) as a fast-growing economy encourages Poles to take loans, while pay rises contribute to increased deposits.
WARSAW France's BNP Paribas is expected to seal a deal to buy Raiffeisen Bank International's Polish arm in the next few days once last-minute negotiations over the price are settled, two banking sources said on Thursday.