In Brief: Bank Staropolski; EFL 4.1% gain; Softbank's strategy; Hortex bonds
Starting today bankrupt Bank Staropolski will return the deposits in
installments covered by the Banking Guarantee Fund (BFG). The prosecutor's
office is trying to establish whether the bank is responsible for the
mismanagement and financial damage. (Rzeczpospolita, page A1) ... On its
first day on the Warsaw Stock Exchange (WSE), Europejski Fundusz Leasingowy
traded 4.1% per share above the initial public offering (IPO) and had a
turnover of zl. 2.7 million. (Parkiet, page 1) ... Softbank has dropped its
plans to form an internet supermarket together with Poczta Polska and is now
set to find a strategic investor by mid-year. (Prawo i Gospodarka, page 4)
... Hortex Holding wants to gain zl. 177 million in two off-the-exchange
bond issues. (Prawo i Gospodarka, page 2) P.S.