BWE holds talks with potential strategic investor, but offers no names

Bank Wspolpracy Europejskiej (BWE) is negotiating with a potential strategic investor. BWE president Jacek Krawczyk denied that it is Danish Den Danske as some rumors suggest. By the summer holiday, it should be clear which of the foreign financial institutions will acquire a stake in the bank. For several months BWE has persistently been looking for a strategic investor to supply needed capital and to help the company reorganize and devise a marketing plan. After the failure of negotiations with Bank Ochrony Srodowiska (BOS), BWE started looking for a foreign partner. Rumors are also circulating that German bank Hamburgische Laddesbank is interested in cooperating with BWE. (Puls Biznesu, page 7) A.Z.