The controversial Polish Financial Supervision Authority is stuck in a political war with the government over who should control the country’s banks, writes Jan Cienski in Warsaw.
Central & Eastern Europe
Latest articles from Poland
PKO’s headache
July 4, 2007Poland’s largest bank, the state-owned PKO, is operating without a head while the ruling party searches for a ‘suitable’ CEO. Jan Cienski reports from Warsaw.
Getin’s rapid rise From the bottom of the sea
January 8, 2007Jan Cienski reports from Warsaw on the adrenaline-fuelled journey from commercial diver to billionaire banking mogul of Getin Holding founder Leszek Czarnecki.
Government grasps regulatory power
October 2, 2006Concerns are growing over the creation of a new unified financial industry regulator that will reduce the independent overseeing powers of the central bank and its chief. By Jan Cienski in Warsaw.
Shaky foundations
February 6, 2006As opposition to the merger of Poland’s Pekao and BPH mounts, the banks’ contrasting approaches to foreign currency lending are highlighting concerns over the surge in Swiss franc-denominated mortgages. Nick Spiro reports.
UniCredit steals a march on the competition
August 1, 2005Italy’s UniCredit has bolstered its presence in the ‘new Europe’ with its purchase of HVB. But, as Nick Spiro reports, integration will present it with a real challenge.
Residential mortgages throw lenders a lifeline
June 6, 2005With a long-awaited pick-up in corporate lending failing to materialise, Polish banks are making the most of a buoyant residential mortgage market. Yet consolidation beckons in what remains a deeply fragmented sector, says Nick Spiro.
Piotr Kaminski
February 2, 2005
board member, PKO BP
If Piotr Kaminski’s previous stints at Poland’s securities watchdog (KPWiG) and the Warsaw Stock Exchange (WSE) are anything to go by, the 36-year-old board member of Poland’s mammoth savings bank, PKO BP, is a clear favourite to succeed close colleague Andrzej Podsiadlo as the bank’s next chief executive.
PKO’s future is uncertain
May 3, 2004Poland’s state savings bank’s long-delayed initial public offering is under threat, yet its CEO is optimistic. Nicholas Spiro reports from Warsaw.