trending Market Intelligence /marketintelligence/en/news-insights/trending/d9yhkoiep6z_gulugrkxma2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Bank Millennium takes over Polish credit union SKOK Piast

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Bank Millennium takes over Polish credit union SKOK Piast

The Polish Financial Supervision Authority selected Bank Millennium SA to take over financially troubled credit and savings union SKOK Piast, Millennium BCP's Polish unit said Oct. 12.

Bank Millennium will take over the management of SKOK Piast from Oct. 17, and the official acquisition will take place Nov. 1.

Operating mainly in the Polish regions of Silesia and Lower Silesia, SKOK Piast has 41 branches and provides services to 93,000 clients.

Bank Millennium is yet another lender to take over a failing credit and savings union in 2018 after Bank BGŻ BNP Paribas SA acquired SKOK Rafineria in May.

Polish credit and savings unions have been experiencing financial problems for several years, with the problems costing Poland's Bank Guarantee Fund 4.44 billion Polish zlotys since 2014, Rzeczpospolita said Oct. 12. The fund also provided 458 million zlotys in subsidies to banks that took over some of the ailing SKOK unions in the past, the newspaper noted.

As of Oct. 12, US$1 was equivalent to 3.72 Polish zlotys.