Sentiment Trading

Erste Group has acquired a 49% controlling stake in Santander Bank Polska SA and a 50% stake in Santander TFI for 7 billion euros, expanding its presence in Poland and the CEE region.

Santander Bank Polska is in advanced talks with Erste Group to sell a 49% stake, a move that could reshape its market presence and allow it to focus on core markets in North and South America.

Santander Bank Polska is reportedly on the verge of a significant ownership change, with Austrian banking giant Erste Group in advanced discussions to acquire a 49% stake, potentially redefining the competitive dynamics of Poland’s banking sector.

Erste Group Bank is considering acquiring a 49% stake in Santander Bank Polska SA, a move that could trigger a mandatory takeover offer and significantly alter the competitive landscape in Poland’s banking sector.