Poland banking News

Troubled foreign banks will destroy value in fire sale of Polish banking assets. This will be a unique opportunity for local investors to boost their share in the banking sector dominated by foreigners - said Marcin Mazurek from Intelace Research

“The growing nominal interest-rate environment will help banks to temporarily increase margins and to boost revenues in 2011” explains Marcin Mazurek, Director of Intelace Research, a consultancy specialized in CEE financial-markets research.

Comarch has completed the implementation of the Comarch Debt Management system for Allianz Bank.

The year 2010 will be a year of Comarch Capital Group’s foreign expansion. Nevertheless, Comarch will not resign from further exploration of domestic markets.

Comarch and ING Bank Slaski have signed a framework agreement for cooperation in ongoing IT projects.

Comarch has recently signed a contract with one of the biggest Thai banks, TMB Public Company Limited, a member of the ING Group, to implement the Comarch Internet Banking solution for corporate clients.