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By Reuters Staff 3 Min Read (Reuters) - Polish bank Pekao, the country’s second-biggest lender, said on Thursday that it will acquire Idea Bank, owned by one of the country’s billionaires, which was placed under compulsory restructuring to avoid bankruptcy. FILE PHOTO: The Pekao bank headquarters is seen next to the statue of a bull, which is part of the bank s logo, in Warsaw March 9, 2011. REUTERS/Kacper Pempel The takeover was engineered by Poland’s Bank Guarantee Fund (BGF), which was set up to support stability in the Polish financial system and is responsible for resolving issues with financial institutions at risk of bankruptcy.

David goodmanLeszek czarneckiAnna pruchnickaJan harveyLeszek skibaPawel borysBarbara lewisAlan charlishAnna wlodarczak semczukAnna koperThomson reuters trust principlesIdea bankPoland bank guarantee fundBank guarantee fundChief executive leszek skibaThomson reuters trust