Warsaw (Puls Biznesu) – Today, the banking authorities hold a meeting to decide on the permission for Unicredito to control Bank BPH. Analysts believe that no decision will be held prior to MP’s meeting with UCI CEO.
Today the banking authorities commission KNB is going to view the apply submitted by UCI to let it vote at Bank BPH GSM. Due to the merger with German HVB, UCI has 71 percent in Bank BPH. In February, the Italians submitted all necessary documents. Today, Alessandro Profumo, UCI CEO visits Warsaw to be present at KNB meeting. There are seven members in KNB.
“The votes are three to three with one uncertain”, Dariusz Gorski, DB Securities analyst said.
Analysts believe that there will be no decision today.
“I believe that the commission may postpone to make decision by one more month. In the meantime, the Prime Minister will meet with UCI CEO”, Dariusz Gorski believed.