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DatabankJuly 4 2018

Poland scoops financial services FDI Brexit dividend

Poland has attracted a good proportion of jobs and investment from US financial companies looking for bases outside a post-Brexit UK. Silvia Pavoni reports.
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The UK’s decision to leave the EU has prompted debate over which financial centres could take over parts of London’s business and, indirectly, has encouraged reflection on where to base support services operations more efficiently.

Warsaw appears the largest beneficiary of the exercise. Following June 2016’s Brexit vote, it is estimated that financial services foreign direct investment (FDI) into the Polish capital will eventually generate more than 4000 new jobs, according to greenfield investment monitor fDi Intelligence. Most of these will be support services roles.

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Silvia Pavoni is editor in chief of The Banker. Silvia also serves as an advisory board member for the Women of the Future Programme and for the European Risk Management Council, and is part of the London council of non-profit WILL, Women in Leadership in Latin America. In 2019, she was awarded an honorary fellowship by City University of London.
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