Category: Banking

18
Nov

The revolution in electronic payments is coming.

Solutions are created that let you pay in the background without removing your smartphone from your pocket Background payments are the future of electronic payments. Open banks are opening for banking solutions offered by fintechs, and the technology itself provides security at the highest level.

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16
Nov

Bank Millennium buys Euro Bank and increases the scale of operations.

On the 5th of November, 2018, Bank Millennium and Société Générale signed a contract for the purchase of Euro Bank by Bank Millennium. The subject of the transaction is the acquisition by Bank Millennium of approximately 99.79% of shares in Euro Bank for a reference price of PLN 1,833 million.Continue Reading..

12
May

No agreement between the US and Iran. How did the Polish zloty reacted?

The dollar, euro and franc in a few hours unexpectedly got cheaper by a few cents. Although initially, after the controversial decision of Donald Trump on Iran, it clearly rose. However, the situation is still unambiguous.

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17
Mar

Entering the euro zone would pay off to Poland.

More and more countries of the new EU are planning to enter the monetary union. Romania, Bulgaria and Croatia are preparing for this. The more countries join the euro area, the worse situation will be for those that will stay out of it.

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26
Feb

Factoring and forfaiting – help for the company ?

Sometimes companies, in order to be able to maintain financial liquidity, try to quickly regain their lost capital. To protect against loss of financial liquidity, it is worth considering options such as factoring and forfaiting. Continue Reading..

24
Feb

Company account – how to choose?

Running a business should be supported by the ability to manage finances. It is necessary for each company to have a bank account. Choosing a bank to entrust its money to it and to make settlements with its contractors, the Social Insurance Institution or the Tax Office through it, should not rely solely on checking the amount of monthly fees. When deciding to set up a company account, it is worth paying attention to a number of additional factors.

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28
Jan

The shares of the Bank of Switzerland reign on the stock exchange.

The stock quotes of the Swiss National Bank went up to 6,800 francs on Friday. This means that in a few hours their value increased by a dozen percent, breaking the record. This institution is one of the few in the world that has private shareholders.

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10
Jan

Foreign currency account. The most important tool in your company.

If you trade with foreign partners, you need a company’s foreign currency account. Regardless of whether you are an exporter or importer, with your contractors you certainly do not settle in zlotys, but in euros, dollars or in another currency.

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06
Nov

The role of mobile banking is growing.

Three-quarters of Poles using mobile banking can not imagine life without it. Every quarter, several hundred thousand new users of banking applications are arriving.

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14
Feb

PKO Bank Polski supports Polish business in Iran.

PKO Bank of Poland is the first Polish bank technically ready to make financial settlements with Iranian banks. The PKO offer for exporters conducting trade with Iran allows them to significantly reduce the risk of their business. The Bank has consistently implemented a strategy of supporting Polish companies that are expanding their foreign expansion. 

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