Erste Group Bank has acquired 49% of Santander Bank Polska and 50% of Santander TFI for €7 billion, aiming to enhance its presence in the Polish banking market.

Target Information

The largest transaction in the second quarter of 2025 in Poland was marked by Erste Group Bank's acquisition of 49% of Santander Bank Polska and 50% of Santander TFI for a total of €7 billion (approximately 30 billion PLN). This deal signifies Erste Group's control over the third-largest bank in Poland, which serves over 5.4 million customers and manages a loan portfolio valued at around €37 billion, along with deposits totaling €50 billion.

This transaction highlights the increasing significance of the banking sector within Poland's M&A landscape, particularly given the operational scale and customer base of Santander Bank Polska.

Industry Overview

The M&A market in Poland has experienced steady growth in the second quarter of 2025, with a recorded total of 87 transactions, reflecting a 10% increase from the previous quarter and a 6% year-on-y

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Erste Group Bank

invested in

Santander Bank Polska and Santander TFI

in 2025

in a Buyout deal

Disclosed details

Transaction Size: $7,500M

Deal Parameters
Industry
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Seller type

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