Bank Śląski considers WBR take-over
Bank Śląski is reported to be considering the take over of Kalisz based Wielkopolski Bank Rolniczy Once due diligence has been completed the Katowice based institution will be able to consider money and if it is worth acquiring at all.
It would appear that a contract already exists between the two banks.
WBR has been trying to raise PLN20m since the start of the year. Its main shareholders, Bacoma Bis and Lubelska Korporacja Finansowa did not want to stump up the cash. The bank thought that it needed at least EUR6m for its repair programme.© ℗
Podpis: Alan Heath