One hundred years ago, on February 7 1919, a decree signed by Poland's inter-war strongman Józef Piłsudski founded the Postal Savings Bank, best known today under its abbreviated name PKO.
Due to take place in the capital of Warsaw on the 16-17th January, The high-level pubic conference named, “A New Initiative for Poland: A Future Global Leader in Securing the 4th Industrial Revolution”, will gather key decision and policymakers in a bid to cement cybersecurity as a pillar of US-Polish relations.
The results of an EU-wide stress test of 48 banks shows that Polish bank PKO BP is the most resilient to a common set of adverse economic developments. Bank Pekao also came in the top three of the tests conducted by the European Banking Authority (EBA).
The Polish Development Fund (PFR) has signed a deal with the Polish bank PKO BP to establish a national cloud services operator, said the president of PFR Paweł Borys.
Jakub Papierski, vice-president of PKO Bank Polski (PKO BP) board, said in New York that the main goal facing his bank, after Poland had been reclassified by the FTSE Russell agency to "developed market", is to gain new investors.
After Poland’s Russian flop money will flow into new football infrastructure, better coaching and the search for young talent.
PKO will use technology developed by Coinfirm, a Polish start-up that describes itself as the “go-to hub for blockchain research”, and a company that has a burgeoning reputation on the European high-tech scene.
Contactless i-payments arrive in Poland.
Poland's flagship bank PKO BP posted PLN 757 mln (EUR 176 mln) in net profit in the first quarter of 2018, above the consensus expectations at PLN 704.8 mln (PLN 163.7 mln) and up from PLN 525 mln (EUR 122 mln) in the first three months of 2017.
The Polish economy will expand at a 4.6 percent rate in 2018 and will slow down to 3.7 percent in 2019, PAP was told by Piotr Bujak, the chief economist of the country's biggest bank PKO BP.
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