Banco Santander Rio S.A. (BASE:BRIO) is seeking acquisitions. Chief Executive Officer of Banco Santander, Mateusz Morawiecki said that Banco is eyeing more acquisitions in the next few years as it seeks to become the second-largest lender in the European Union's largest emerging market. "We want to grow and in the longer term become one of the top two banks in Poland," Morawiecki said.

"Looking at the assets, the distance is very large and I have no illusions that it can be covered only with organic growth. Thus in order to meet our goal we will be again interested in takeovers in the longer term."