State-run Polish lender PKO BP and Alior Bank, controlled by state insurer PZU, have filed bids to buy the local unit of Austria’s Raiffeisen, as part of the government’s plan to increase control over the banking sector.
Raiffeisen Bank International (RBI) said in June it aimed to sell Raiffeisen Polbank – Poland’s 10th-largest lender by assets, to a Polish-listed lender as an alternative to floating the unit on the Warsaw bourse. The deadline for investors to submit initial offers was 6 Sept.
