KPWiG gives BA CA go ahead to trade on bourse

The Securities and Stock Exchange Commission (KPWiG) has accepted the shares of Bank Austria Creditanstalt to be traded on the Warsaw Stock Exchange. "On October 8, or so, an issue prospectus will be published. We shall meet selected Polish investors then. I think that our stocks should be first listed by the second half of the month," said Willi Hemetsberger, member of the BA CA management board. He also underlined that while all the shares traded now in Vienna will be available in Warsaw, no special public offering aimed at the Warsaw market is planned. Although the capitalization of BA CA is approximately equal to that of the biggest Polish bank, Pekao SA, it is still not known whether its shares would enter the WIG20 index. (Puls Biznesu, p. 8) M.K.