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POLAND: PZU Confirms Plan To Sell Stake In Alior Bank, NBP Begins Rate Meeting

POLAND
PolandCEEMEAEM BulletBulletEmerging Market News
  • Poland's biggest insurer PZU confirmed that it would sell its $1bn stake in Alior Bank to the country's second-largest bank Pekao. The plan involving three government-controlled entities was conceived amid the assessment that the insurer should not control two major lenders.
  • The National Electoral Commission (PKW) announced that Sejm Speaker Szymon Holownia can announce the date for the presidential election, starting the official campaign period, on January 15 at the earliest. Holownia had earlier suggested that he would make the announcement on January 8.
  • The Monetary Policy Council starts a two-day meeting to decide on interest rates. The panel is expected to stay on hold as market participants await the usual press conference with Governor Adam Glapinski on Thursday.
  • The parliamentary Constitutional Accountability Committee (ODK) will resume its probe into the conduct of NBP Governor Adam Glapinski this afternoon.
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  • Poland's biggest insurer PZU confirmed that it would sell its $1bn stake in Alior Bank to the country's second-largest bank Pekao. The plan involving three government-controlled entities was conceived amid the assessment that the insurer should not control two major lenders.
  • The National Electoral Commission (PKW) announced that Sejm Speaker Szymon Holownia can announce the date for the presidential election, starting the official campaign period, on January 15 at the earliest. Holownia had earlier suggested that he would make the announcement on January 8.
  • The Monetary Policy Council starts a two-day meeting to decide on interest rates. The panel is expected to stay on hold as market participants await the usual press conference with Governor Adam Glapinski on Thursday.
  • The parliamentary Constitutional Accountability Committee (ODK) will resume its probe into the conduct of NBP Governor Adam Glapinski this afternoon.