Standard Chartered Bank has opened a new branch in Warsaw, with its first employees starting on November 1. Standard Chartered Bank is the hub for Standard Chartered’s EU activities. The new branch represents a key part of a broader strategic program aimed at developing the bank’s operations in Europe. It is well-positioned, both geographically and…
BGK’s pioneering loan will support Rwanda’s development. The Polish Development Bank (BGK) has provided direct financing to the Rwandan state treasury for the purchase of a Polish milk cooling system. The loan to the buyer with a policy from the Export Credit Insurance Corporation is €23 million and is the first such financing provided by…
Author: Rafał Strzelecki, CEO CashDirector Head of Digital CFO R&D Polish Fintechs are close to repeating the global success of the domestic video game industry – they are successfully conquering foreign markets and effectively influencing the world of finance by creating solutions tailored to individual customer needs. Their competition has to be faced by banks,…
On 4 January 2022 the Monetary Policy Council decided to increase the NBP reference rate by 0.50 percentage points, i.e. to 2.25%. At the same time, the Council set the remaining NBP interest rates at the following levels: ▪ lombard rate at 2.75%; ▪ deposit rate at 1.75%; ▪ rediscount rate at 2.30%; ▪ discount…
Poland’s Council of Ministers has adopted draft amendments to the VAT Act implementing the National System of e-Invoices (KSeF).
