Bank Pocztowy to enter WSE in October

State-controlled Polish lender Bank Pocztowy may debut on the Warsaw Stock Exchange still this October, the Polish Press Agency was told by the administration and digitization minister Andrzej Halicki. "Today has begun an initial public offering (IPO) process, which is to last weeks and which will end with the debut [of Bank Pocztowy] at the beginning of October," said the minister. "The Ministry of the State Treasury is supporting the idea of Bank Pocztowy's shares entry onto the Warsaw bourse, because it will allow the firm to obtain the necessary capital for its development," Włodzimierz Karpiński, the Minister of the Treasury said. He hopes individual investors will be interested in the offer.