Economics In Brief: E-brokerage accounts surge; CC-Bank; Q1 growth

According to data collected by Rzeczpospolita, the number of e-accounts with brokerage houses operating on the Warsaw bourse amounts to almost 50,000, which is 60% more than a year ago. "We open 300 new e-accounts each month," said Jolanta Matuszczak from BZ WBK. She added that the main reason for the increase is the bullish market, as well as low commission rates. (Rzeczpospolita, p. B7) ... CC-Bank is another financial institution, which will move its headquarters from Warsaw to Wrocław, which has become the second largest center of financial services in Poland. Wrocław boasts better infrastructure than Warsaw and anticipates increased investments from Germany. (Rzeczpospolita, p. B7) ... According to Parkiet, GUS today will publish data on Q1 GDP growth, which almost for sure amounted to 6.5%. The economic revival observed over the last year has not translated into increased investments. "One might expect a slight improvement, but a radical change will not occur," said Katarzyna Zajdel-Kurowska from Bank Handlowy. (Parkiet, p. 7) M.M.