WARSAW Dec 29 The process of increasing
domestic control over the banking sector in Poland, known as
re-Polonisation, will continue after state-run entities bought a
controlling stake in Bank Pekao earlier in December, Prime
Minister Beata Szydlo said.
"Important information regarding ... an election promise of
the PiS (the ruling Law and Justice party), the re-Polonisation
of banks. This process has been initiated by us and it will be
continued," Szydlo told a news conference on Thursday.
Poland's state-run insurer PZU and fund PFR agreed
to buy a stake in UniCredit's Pekao for 2.5 billion
euros ($2.61 billion) earlier this month.
($1 = 0.9567 euros)
(Reporting by Anna Koper; Writing by Marcin Goettig; Editing by