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2009-10-01 00:00:00
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Credit Suisse preparing first Polish branch
1st October 2009
Credit Suisse, the largest private bank in the world, is set to open its first branch in Poland in little over a week's time.
Until now, the institution had only a representative office in Poland which dealt with investment banking and asset management. Now the company will be able to focus on private banking.
"In Germany, France or England the clients of the private banks are most often people who inherit family fortunes from past generations. In Poland, the wealth is only being now being gathered. There are now enough wealthy clients to whom we can offer real private banking services.," said WĹadysĹaw T. Bartoszewski, the general director of the Polish division of Credit Suisse.
He went on to say that what Polish banks offer cannot be described properly as private banking. The company is now recruiting a group of advisers and, according to the company's representative, there is a problem with real private banking advisers as such services have not been offered in Poland previously. |
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