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Bank Pekao has increased the capital of Leasing Fabryczny by zl. 15.7 million (US$4.2m), which now stands at zl. 28.1 million (US$7.4m). The bank did this through a transfer of shares from another Pekao-controlled company from the sector - Pekao...
Erste Bank is considering a takeover of a Polish bank with a good position in the southern parts of the…
#bank#financial services#poland
Belgian KBC Insurance raised its stake in Polish insurer Warta from 40.03% to 51.03%. The increase in the shareholding fits…
#bank#insurance#KBC
Next year will see a cut in the corporate income tax (CIT) from 27 per cent to 19 per cent,…
#bank#CIT#insolvency
Poland has lured the nation's banks to finance pre-payments on EU programmes in return for a series of key legal…
#bank#banks#guarantees
State Treasury Minister, Piotr Czyїewski, has confirmed earlier rumours in the press concerning plans for a capital merger between the…
#bank#insurance
The Monetary Policy Council (MPC) has cut banks' mandatory reserve level from 4.5% to 3.5%. The reduction of mandatory reserves…
Poland saw foreign direct investment (FDI) of US$ 2.53 bn in the first half of 2003 against US$ 3.2 bn…
Poland has jumped up the world league of countries that are attractive to foreign direct investment (FDI), according to AT…
#bank#bankruptcy#investment
According to a report from global consulting company A.T. Kearney on the FDI (foreign direct investment) confidence index, the most…
#investment#investments#poland
HSBC Bank Polska, the local subsidiary of the world's second-largest banking company, faces a number of tough hurdles in the…
Polish Prime Minister Leszek Miller voiced his full support for a business lobby initiative to reduce the income tax on…
#Bill#small business#small businesses
The Warsaw Banking Institute (WIB) and the CBM Indicator brokerage undertook a survey of bank use among small- and medium-sized…