BNP Paribas has joined the race to acquire Raiffeisen Polbank for up to €earlier this year. The sale comes as Raiffeisen Bank International (RBI) seeks to bolster its core capital ratio through restructuring amid newly imposed bank taxes and low interest rates in Poland. BNP Paribas' potential acquisition of Polbank faces competition from ING Bank Slaski, Alior Bank and PKO Bank.
BNP Paribas has joined the race to acquire Raiffeisen Polbank for up to €1bn. The sale comes as Raiffeisen Bank International (RBI) seeks to bolster its core capital ratio through restructuring amid newly imposed bank taxes and low interest rates in Poland. BNP Paribas' potential acquisition of Polbank faces competition from ING Bank Slaski, Alior Bank and PKO Bank.