PKO BP and Azoty became strategic partners
11:31
Poland’s largest lender PKO BP signed an agreement on the strategic partnership with a chemical company Azoty, Puls Biznesu daily reported.
"This deal is a milestone, a signal through which we are communicating our plans to become a leading lender of Polish market of food and agriculture products," the PKO BP’s CEO Zbigniew Jagiełło commented on the agreement.
The lender will provide funding for Azoty’s business partners and distributors cooperating with the chemical company will broker sells of PKO’s products.
"To agricultural entrepreneurs the deal means an improvement of liquidity or an opportunity to develop theirs businesses," Jegiełło explained.
Azoty may increase its sales volume and PKO may attract more customers, he added.