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News Parkiet
24.07.2004,

Banking

Mortgage loan boom continues

Polish consumers continue to flock to the housing market, according to new figures showing mortgage lending in the second quarter. State-owned PKO BP has retained its 38 percent stake in the booming market, followed by HVB group's Bank BPH, which doubled its mortgage lending portfolio in just three months. Third market player, GE Bank Mieszkaniowy, fell behind. GE's unit expanded its portfolio by just 10 percent in the second quarter.

Pekao SA, Poland's second largest bank traditionally refuses to publish its mortgage debt figures before releasing official quarterly report for investors.

Taxes

Poland may change mutual fund tax rules

Mutual fund investors could win the right to offset their capital gains and losses, reducing their tax liabilities, senior...


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