BGŻ about to choose share issue consultant

In line with BGŻ's preliminary strategy, next year, it expects to increase its net profit by 20%. Bartkiewicz hopes that the new share issue will be acquired by the European Bank for Reconstruction and Development (EBRD), the International Financial Corporation (IFC), or investment funds which could subsequently withdraw from the investment after listing BGŻ's shares on the Warsaw Stock Exchange. Currently, BGŻ is owned by the State Treasury and cooperative banks which hold a 69.45% and a 30.15% stake respectively. (Parkiet, p. 3) A.Z.