Start your day with a summary of today’s top stories from Poland’s leading news sites.
Poland's Idea Bank has been fined PLN 10 million (EUR 2.2 million) by the country's Financial Supervision Authority (KNF), the company said in a statement.
President Andrzej Duda will seek measures to alleviate the credit repayment burden to companies and individuals over the consequences of coronavirus, the president tweeted on Wednesday.
The government on Tuesday passed a bill obliging the Financial Supervision Authority (KNF) to raise its supervision over foreign insurers.
The Polish banking sector posted a net profit of PLN 11.86 bln (EUR 2.78 bln) in the first three quarters of 2019, up by 2.86 pct on the same period of 2018, the Polish Financial Supervision Authority (KNF) said in a Friday report.
Listed lender mBank's German parent Commerzbank approved a new business strategy assuming the sale of majority stake in the Polish unit, mBank said in a market filing out Thursday evening.
The Polish banking sector posted a net profit of PLN 11.63 billion (EUR 2.71 billion) in January-September 2018, up 10.8 percent year on year, the Polish Financial Supervision Authority (KNF) said in a Thursday report.
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