BOŚ Bank files repair program

Following a net loss of PLN 51.1 mln reported in 2015, BOŚ Bank, has filed a repair program with financial market watchdog KNF and is preparing a new strategy, an outline of which will be published by the April 27 EGM, the Polish Press Agency (PAP) said, quoting a filing. The bank also told KNF that it is working on a framework strategy to 2020, which will be congruent with the repair program. The main strategy guidelines will be published after being approved by the supervisory board, but before the April 27 EGM, the bank said.