MHB Bank Polska awaits license decision before entering corporate market

MHB Bank Polska, a subsidiary of Frankfurt am Main-based MHB Bank, plans to begin operations in Warsaw. The bank, which will focus solely on corporate clients, does not envisage establishing a network of branches. "We are not starting from scratch. The credit portfolio of MHB in Frankfurt am Main that is connected with the Polish market will be moved to Warsaw," explained member of the MHB Bank Polska management board, Zbigniew Lichocki. The bank is currently awaiting a decision from the Bank Supervisory Commission (KNB) on granting it an operating license. (Puls Biznesu, p. 10) A.Z.