In brief: PKO scraps intermediaries; BOS board; Brok delists; Millenium

Poland's largest retail bank PKO BP S.A. has nullified its contracts with the Sopot-based credit intermediary Best. The bank has promised to annul similar contracts with other intermediaries as part of a new strategy aimed at extending loans directly to the client. (Puls Biznesu, p. 6)... At the request of Kredyt Bank and Rolmex, the shareholders of Bank Ochrona Srodowiska (BOS) elected a supervisory board yesterday. Since June, four motions to choose a board failed to be carried since the shareholders agreed to disagree on when to convene. (Puls Biznesu, p. 7)... The Warsaw Stock Exchange has suspended trading the shares of the Koszalin-based brewer Brok, the first step towards the company's imminent delisting. Its withdrawal from the bourse is dictated by Holsten Brauerei, the major shareholder, which believes it can best implement its strategy if the brewer is not publicly traded. (Puls Biznesu, p. 8)... BIG Bank Gdanski's retail arm, Millennium, announced that during its first two years of operation it has attracted over 100,000 customers, with deposits amounting to approximately zl.1 billion. It also announced the expansion of its network of outlets from the current 159 to 250 by the end of next year. (Puls Biznesu, p. 6)