New financial services firm, Kantor Polski, opens today

"Our capital amounts to zł.875,000, but as the company develops we will issue shares to allow other outlets to become our shareholders," stated Bogdan Dittmer, KP's president. KP was initiated by the SKiLP organization comprising over 2500 currency exchange outlets. "The foreign exchange market is narrowing. This is due to the diminishing gray zone, the popularization of payment cards and the falling exchange rate of the dollar and the euro. This is why we decided to widen our offer by new services," explained Zbigniew Franczak from SKiLP. Kantor Polski will offer loans from CitiFinancial, a financial company controlled by Bank Handlowy. It will also offer other banking services together with BRE Bank and simple insurance services together with life insurance company Nordea. KP will sell financial products at 50 currency exchange outlets in the largest Polish cities. In 2005, the figure will be 200. (Puls Biznesu, p.13) E.B.