Small banks to be delisted from stock exchange because of small turnover

Small banks to be delisted from stock exchange because of small turnover Small banks that have already acquired strategic investors will be delisted from the Warsaw Stock Exchange (WSE) as soon as possible because of their low share volume. However, before they are withdrawn, the small banks, among them Fortis Bank Polska, Bank Komunalny (BK) and Bank Wspolpracy Regionalnej (BWR) will change their profile and start operating on a bigger, national scale. Specialists say the role of the bourse, that is attracting potential investors to those small firms, has been fulfilled and their presence on the floor is now a bogus attempt supported by the Securities and Stock Exchange Commission (KPWiG) to inflate the number of firms listed on the WSE. (Puls Biznesu, page 7)