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The Warsaw Voice » Business » May 19, 2017
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BZ WBK - strategy revealed
May 19, 2017   
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Michal Gajewski
Bank BZ WBK focuses on organic growth and is not negotiating the purchase of another bank, CEO Michal Gajewski told Rzeczpospolita daily in an interview.
The bank needs to show an ability to grow via its own business actions, the CEO stressed. On the other hand, as the bank wants to offer the most technologically advanced solutions, it could decide to make acquisitions in the fintech segment.
BZ WBK will publish a new distribution strategy by the end of the year, aiming to become a multi-channel institution, Gajewski said. The change may involve reduction of staff in bank branches, he admitted with a caveat that no decisions have yet been made.
The bank will try to retain the employees by offering them other positions within the instiitution. Commenting on the financial outlook for 2017, Gajewski said he expected the underlying result to beat last year's take.
Also, BZ WBK is working on setting up a mortgage unit.
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