Rabobank sells its 3.81% stake in BNP Paribas Bank Polska S.A.

Rabobank successfully completed an accelerated bookbuild offering to institutional investors on the Warsaw Stock Exchange yesterday. Rabobank has sold 5,613,875 shares, representing 3.81% of the outstanding share capital of BNP Paribas Bank Polska S.A., formerly known as Bank BGŻ. As a consequence of this transaction, Rabobank will no longer be a shareholder of BNP Paribas Bank Polska S.A.

Rabobank came in the possession of this stake as part of the sale of Bank BGŻ to BNP Paribas in 2014. This share disposal is in line with the strategic aim of Rabobank to reduce its international retail banking activities.

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