Italy’s UniCredito to bid for Komercni Banka of the Czech Republic


UniCredito Italiano SpA, the Italian banking group, is to bid for the Czech Republic’s third largest bank, Komercni Banka (KB) which is to be sold by the Czech government in the near future.

UniCredito already has a presence in the former Soviet bloc, having acquired a 50.99% holding in Bank Pekao of Poland.

Financial Times



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