Bank of Tokyo-Mitsubishi Polska to begin Polish operations this quarter

Bank of Tokyo-Mitsubishi Polska (BTM) will begins its operations in Poland in the first quarter of this year. The bank, which has starting share capital of almost zl. 113 million, will provide services mainly to Japanese companies operating in Poland. "We estimate that there are about 100 J apanese firms functioning in Poland, and their activities are connected with direct investments," said BTM President Krzysztof Barburski. He went on to say that for many Japanese companies the presence of BTM on the domestic market is a boon and that the bank would be a first choice for them. BTM will be based in Warsaw and does not plan branch development in other parts of the country. (Puls Biznesu, p. 8) P.J.