UniCredit's Pekao may buy part of Polish rival BPH: media

February 9, 2016 7:07 AM

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WARSAW Italian bank UniCredit's (CRDI.MI) Polish unit, Bank Pekao PEO.WA, may buy smaller rival BPH BPHP.WA without Swiss franc-denominated loans which the latter's owner, GE Money (GE.N), plans to split off, Puls Biznesu daily said on Tuesday.

Puls Biznesu quoted unnamed sources as saying an agreement on a deal is close.

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