Poland: Poczta Polska, Bank Pocztowy and PKO BP start joint operations

APA - Austria Presse Agentur
06-09-2006, 14:48

Warsaw (Puls Biznesu) – The Polish post and two banks started jointed operations yesterday. The effects will be visible in three years.

Warsaw (Puls Biznesu) – The Polish post and two banks started jointed operations yesterday. The effects will be visible in three years.

As early as this month, new simple products of Bank Pocztowy, a subsidiary of PKO BP, will be sold in the offices of Poczta Polska, the Polish Post (PP). The latter would like to offer more modern services to PKO BP clients. They will be able to pay out cash at post offices. 125 outlets will offer such services this year, 3,000 before the year 2009.

This year, the retail project will be worth PLN 20m (EUR 5m). The effects of the joint operations will be visible in the results of Bank Pocztowy and PKO BP in three years.

(PLN 1 = EUR 0.252)

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Podpis: APA - Austria Presse Agentur

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Puls Inwestora / Poland: Poczta Polska, Bank Pocztowy and PKO BP start joint operations