PKO BP will open corporate branch in Czechia

Polish state-owned lender PKO Bank Polski is working towards launching a corporate branch in Czechia to support the foreign expansion of Polish companies. It is set to be open in 2017, with the exact date conditioned upon receiving all approvals. "We want to follow Polish companies wherever they need our services. After analyzing the business needs of our clients, we made a decision to open yet another PKO BP office," said Zbigniew Jagiełło, CEO of the bank. Czechia is the second biggest importer of Polish goods and ranks seventh in terms of exports to Poland.