XTB is no longer simply a Polish broker that succeeded abroad. The company wants to become a global money-management app and is increasingly taking on the world’s largest investment platforms for customers. More than 2 million clients, record revenue, expansion into new markets and the biggest soccer sponsorship in the company’s history demonstrate the scale of its ambitions….
Polish companies still do not use solutions that could optimize their operations, lower costs, and improve efficiency. Eurostat data show that the digital gap is particularly acute in the area of AI. The result? Lower efficiency of the Polish economy. Yet change may be easier than it seems. MACIEJ KOWALIKexpert in planning and using artificial…
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).