Citigroup president urges Poland to become financial leader

"Poland might in the future become the center of financial services for the whole Central and East European region," he said. Prince went on to say that the Polish government, domestic institutions as well as financial markets should focus on creating financial and legal conditions which would motivate foreign investors to bring their management centers to Poland. Charles Prince said that despite the fact that Citigroup is seeking acquisition possibilities throughout the world, Western Europe is not its priority, and no merger on this continent is planned. Bank Handlowy, the company's bank in Poland, will thus not grow through mergers or acquisitions but through dynamic development of its own services. (Puls Biznesu, p. 11) A.K.