Poland’s revved-up banking industry is facing a wave of refinancing requests as interest rates plummet for the first time since the sector embraced fixed-rate mortgages.
Polish food giant Grupa Maspex is seeking to ramp up its expansion in eastern Europe to propel growth as a dwindling domestic population shrinks its consumer base at home.
The Warsaw Stock Exchange eyes ditching its emerging-market status and an upgrade to developed markets within three to five years, according to Chief Executive Officer Tomasz Bardzilowski.
Poland is seeking protective measures against an increase in imports of duty-free steel from Ukraine that has put its domestic industry in jeopardy, a government official said.
PKO Bank Polski SA, Poland’s largest lender, is weighing the sale of more covered bonds to individual investors after it raised 1.16 billion zloty ($315 million) from its maiden issuance.
Eastern European retailer of toys and children’s apparel, Smyk Holding SA, is planning an initial public offering in Warsaw that will test appetite for listings amid the best year for Polish stocks since 2009.
MCI Capital SA, one of Poland’s biggest private equity firms, is gearing up to pounce on new investment opportunities in the region amid dwindling competition and valuations being still below their western European peers.
Poland’s government plans to offer more local-currency bonds than ever this quarter in a sign of confidence over continued investor demand after the cabinet warned about growing public debt.
Poland’s government approved a plan to increase corporate income taxes on lenders to shore up its budget, rebuffing concerns about the levy’s impact on the availability of credit and banking costs.