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BZ WBK bank to ready eurobond program by end-year
   
Large-cap bank BZ WBK wants to ready a eurobond issue program by end-2014 in order to be able to enter the market with an up to EUR 500 million tranche, management board member Andrzej Burliga told reporters.

"We are working to ready a program of mid-term eurobonds by the end of the year, so that afterwards we can tap the market any time with a tranche of up to EUR 500 million if market conditions are favorable," Burliga said.

BZ WBK is in no rush to secure financing, Burliga said.

"Considering our good liquidity ratios, we don't need financing immediately," he said. "We are, of course, looking at current transactions of Polish companies on the euro market, but we will not forcefully rush things."