Nordea Bank Polska, Raiffeisen Bank Polska, WestLB Bank Polska, and NordLB Polska, among others, all look poised to pursue more aggressive banking strategies - the most important part of which, analysts note, is procuring new lending business from small local enterprises.
The country's growing roster of mid-tier banks are in an ideal position to strip lending business away from upper-tier peers that local cash-needy enterprises have previously sought but couldn't find among more wealthy lenders.
By working with these mid-size banks, small companies get 'special treatment' in terms of credit needs that larger lenders, such as the state-owned PKO BP or Citibank Handlowy, might not see as profitable enough to provide. Watching this market slowly develop, Marcin Materna, analyst at Bank Millennium, said that while larger banks pay lip service to small enterprises, their actions often fall short, compared to the wider range of services other banks provide.
