PKO BP has green light to open branch in Germany

Image : PKO BP

The German financial watchdog Bafin has approved the launch of a branch of Poland’s largest lender PKO BP in Frankfurt by the Mann, the media reported citing the Polish bank.

Following the decision, PKO BP obtained all the approvals it needs to launch the branch, which will be focused on services for corporate clients.

The Polish lender sent a notification of its intent to the Polish financial watchdog KNF last year.

 

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