Bank News In Brief: Multibank; BGK; PKO BP Allegro.pl-Payu

Multibank has prolonged its student loans for education up to seven years with the period of grace for interest payment to 12 months beginning with the payment of the last tranche of the loan. (Gazeta Finansowa, March 1-7, p. 7) ... BGK has broadened the plethora of its products with an inter national payment card BGK-Visa Classic. The new product is addressed at interest bearing current account holders. The annual fee for the use of the cards is zl. 50 with a minimum commission of 3% or at least zl. 5 on every cash withdrawal. (Gazeta Finansowa, March 1-7, p. 7) ... PKO BP credit cards holders are entitled to discounts in a number of shops, restaurants, pubs etc. The list of entities offering 5%-10% discounts is to grow over time. (Gazeta Finansowa, 1-7, p. 7) ... The Internet based auction Allegro.pl, in cooperation with Payu has enhanced its on-line payment system. The new system is closely connected to an on-line payments system created by Payu and serviced by Payback. (Gazeta Finansowa, March 1-7, p. 7) J.K.