Erste Group Confident in Poland Acquisition Despite New Tax
Financial MarketsBanking DealUpdated 14 hours ago

Erste Group Confident in Poland Acquisition Despite New Tax

Erste Group Bank's CEO Peter Bosek expressed confidence in their decision to acquire a 49% stake in Santander Bank Polska for €7 billion, stating that a proposed banking tax in Poland will not deter the attractiveness of the deal. This acquisition reflects Erste's strong belief in the Polish market's potential.

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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.
Erste CEO Says His Poland Deal Is Good Despite Planned Bank Tax
PositiveFinancial Markets
Erste Group Bank CEO Peter Bosek believes that a new banking tax in Poland will not affect the attractiveness of their recent deal to acquire a stake in a local lender.
Editor’s Note: This statement is significant as it highlights the confidence of Erste Group in their investment strategy, even in the face of potential regulatory challenges. It reflects the bank's commitment to growth in the Polish market.

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