PKO BP and Azoty become strategic partners

Poland’s largest lender PKO BP signed an agreement on the strategic partnership with 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 on the Polish market of produce and foodstuffs, PKO BP’s CEO Zbigniew Jagiełło commented on the agreement. The lender will provide funding for Azoty’s business partners, while distributors cooperating with the chemical company will broker sales of PKO’s products. "To agricultural entrepreneurs the deal means an improvement of liquidity or an opportunity to develop their businesses," Jagiełło explained. Azoty may increase its sales volume and PKO may attract more customers, he added.