M2 EQUITYBITES-April 1, 2016-GE Capital to sell majority stake of Core Bank
of Bank BPH in Poland to Alior Bank
CSI and Centier Bank said they have extended their partnership for another seven years, allowing the bank to continue leveraging CSI's NuPoint core platform to eliminate the common complexities of core bank
Global Banking News-November 7, 2016--GE completes sale of Bank BPH's Core Bank
to Alior Bank
Collary said, 'The core bank
platform and the product processors aren't holding us back from doing anything.
Poland-based commercial bank, Alior Bank, has agreed to acquire GE Capital's (NYSE: GE) majority stake in Bank BPH's Core Bank
, the BBR has reported.
compete with core banks
in retail markets, but in wholesale markets core banks
often compete with investment firms and foreign-based banks.