CEO Michal Krupinski saidthe Polish state-controlled insurer would look into acquiring both -controlled and Raiffeisen Bank International AG unit Raiffeisen Bank Polska SA, PAP reported July 12.

Krupinskisaid PZU had run appropriate analyses and has a capital surplus that could be usedfor the purchase of other banks. PZU unit AliorBank SA is in the process of acquiring the core part of .