Softbank signs landmark deal with Austrian Raiffeisen

Revenues from the deal this year alone will amount to a few million złoty, but the contract is designed as an introduction to long-term cooperation with the bank and entry to foreign markets. "I can neither confirm nor deny this information," said Krzysztof Korba, president of Softbank. However, "We can confirm that we signed an agreement with Softbank," said a source from press center of Raiffeisen Zentralbank. According to analysts, the foreign expansion of Softbank is a good strategy. "So far Polish enterprises were not present in these countries and thus the information about Softbank's contract is very positive," said Sobiesław Pająk, an analyst with CDM Pekao. The potential references following the contract will enable the firm to acquire more orders from foreign markets. (Parkiet, p. 1) M.M.