CLiF and Kredyt Bank fail to reach agreement

Leasing and Finance Center (CLiF) has failed in its attempts to negotiate a settlement with its creditor banks. Monday's talks with the largest creditor, Kredyt Bank, involving representatives of the Association for Protection of Entrepreneurers' Rights (SOPP), were broken off. "This had to happen since in the process of talks it transpired that Kredyt Bank had again debited funds from the company's accounts," explained CLiF's President Dariusz Baran. The bank, in turn, issued a communique stating that the bank, for the sake of the entrepreneurs, had submitted to CLiF a conciliatory proposal to end the conflict. "We are outraged at the bank's action. [Kredyt Bank] assures us that it is willing to negotiate, while it transpires that they had at the same time ordered the bailiff to take over some of CLiF's accounts," said SOPP's head Andrzej Stawicki. (Puls Biznesu, p. 6) K.Ż.