PKO BP considering opening London branch

  PKO Polish Bank is considering opening a branch or representative office in London, CEO Zbigniew Jagiełło announced. The final decision is to be made within a few months. "Yes, we are considering opening a PKO BP facility in London. Will it be a branch or a representative office? That we do not yet know," said Jagiełło during a press conference. "The issue is complicated by Brexit, but I think that within a few months the decision will be made. It is rather a decision whether it be a full branch or representative office," he added. PKO Polish Bank is a leader of the Polish banking sector. Total assets of the bank amounted to PLN 266.94 billion at the end of 2015. The bank's shares have been listed on the Warsaw Stock Exchange since November 2004.