The Polish Financial Supervision Authority does not intend to stand in the way of further consolidation of Poland's commercial banks, Reuters reported, citing the regulator's head, Marek Chrzanowski.
Chrzanowski told the newswire that such a move in the sector was a "natural process," while also noting that he did not see any serious risk and arguments regarding the potential merger of PZU SA controlled entities Bank Pekao SA and Alior Bank SA.
At the same time, Chrzanowski added that it was important for the potential new owner of Deutsche Bank AG's Deutsche Bank Polska SA to be "stronger" than its current owner and that Raiffeisen Bank International AG
Meanwhile, Chrzanowski said the Polish FSA would allow more lenders to pay out dividends for 2017 than it did for 2016, with the largest banks likely to get approval to do so, based on their financial performance in the first three quarters of the year.
