BZWBK to issue bank securities worth PLN 3 bln

The WSE-listed commercial lender, Bank Zachodni WBK (BZWBK) will issue its bank securities valued at PLN 3 billion, the lender announced. "The aim is to obtain funds for the general activity of the lender. The securities will be issued in tranches and may be denominated in PLN, euro, US dollar or CHF," the press release reads. The lender's assets totaled PLN 134.5 billion at the end of 2014.