In Brief: PKO BP account changes; Citigroup; Bank Austria and PBK; Telpod
PKO BP, Poland's biggest retail bank, has modified account numbers to bring
them in line with international standards. Clients may therefore encounter
inconveniences. (Prawo i Gospodarka, page 1,10) ... Citigroup bought 15.26
million shares or 21.8 % in Poland's largest corporate bank Bank Handlowy
during its second public bid which ended early this week said the Warsaw
Stock Exchange (WSE). (Reuters) ... The Treasury said on Thursday it
finalized the deal to sell a 10.29% stake in Powszechny Bank Kredytowy (PBK)
to Bank Austria Creditanstalt. (Prawo i Gospodarka, page 10) ... Telpod, a
Krakow-based car electronics company is looking for an investor. The company
needs zl. 9 million to improve its critical financial standing. A
privatization tender will be called in September. (Puls Biznesu, page 4)
P.S.