PKO BP corporate branch in Czechia to start operations in 2017
12:43
PKO BP plans to open its corporate branch in Czechia in the first half of 2017, but the exact date depends on obtaining all regulatory approvals, the bank stated.
The activities of the Czech branch will focus on serving corporate customers. They will be similar to the activities of PKO BP's corporate branch in Frankfurt.
“PKO BP wants to follow Polish companies wherever they need our support. The KNF's decision to send a notification to the Czech financial regulator brings us closer to launching another corporate branch, which will support the international operations of Polish firms,” said PKO BP vice-president Maks Kraczkowski.
Launching a PKO BP corporate branch in Czechia is part of PKO's international expansion strategy based on following its customers. The main strategic objective is to support PKO BP's key corporate clients, who are pursuing or planning to start business operations in Czechia.
