Question

Select one of the recent banking merger and evaluate in Poland.

Select one of the recent banking merger and evaluate in Poland.

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Answer #1

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The privatization of Bank Śla̧ski, one of nine regional commercial banks in Poland, illustrates the benefits of attracting a strategic foreign investor. Internationale Nederlanden Group has contributed substantially to the upgrading of Bank Śla̧ski's credit lending practices, information systems, product and service offerings, and brokerage house operations. However, the prolonged ownership of a core-investor stake by the Polish Treasury slowed progress toward improving performance and created complications for governance. Furthermore, the Polish government's reaction to this privatization and its subsequent preoccupation with precluding a strong presence of foreign banks retarded the development of a dynamic and efficient banking sector.

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