RBS quits Poland

Royal Bank of Scotland (RBS) decided to leave the Polish market, Puls Biznesu daily reported. At the end of February, the lender announced a huge withdrawal from numerous markets, Poland is among them. RBS has been floating its shares gradually as it has been facing difficulties due to the financial crisis that emerged in 2008. The lender is a minor player on the Polish market (it employs 150 people), but it has been providing services for corporate and institutional clients.