Poland Deal Good Despite Planned Bank Tax: Erste CEO
PositiveFinancial Markets

Erste Group Bank's CEO Peter Bosek stated that a proposed banking tax in Poland will not affect their decision to acquire a 49% stake in Santander Bank Polska for €7 billion. This deal highlights the bank's confidence in the Polish market.
Editor’s Note: This acquisition is significant as it demonstrates Erste Group's commitment to expanding in Poland, despite potential regulatory challenges. It reflects the bank's positive outlook on the Polish banking sector and its growth potential.
— Curated by the World Pulse Now AI Editorial System