BZ WBK plans to set up mortgage bank

WSE-listed lender BZ WBK will soon file an application to the Financial Supervision Authority KNF to set up a mortgage bank within its group, the bank’s CEO Michał Gajewski informed. “We are very close to submitting an application to KNF, we’re consulting it and are in constant dialogue with the regulator,” “The level of advancement is very high, we’re talking about weeks here not months when the application will be filed,” BZ WBK board member Maciej Reluga added.