Brief: CFB BPS Accepts 2018-2020 Strategy

Centrum Finansowe SA

13/04/2018 10:03

April 13 (Reuters) - CENTRUM FINANSOWE BANKU BPS SA (CFB
BPS)  CFBP.WA :
    * SAID ON THURSDAY THAT ITS SUPERVISORY BOARD ACCEPTED
2018-2020
STRATEGY
    * UNDER STRATEGY IT PLANS AMONG OTHERS TO DEVELOP
INVESTMENTS IN
DEBT PORTFOLIOS PURCHASED FOR THE COMPANY'S OWN ACCOUNT
    * ALSO PLANS TO ESTABLISH SECURITISATION FUND FOR PURCHASE
OF BANK
CLAIMS
    * UNDER ITS STRATEGY COMPANY ALSO PLANS TO INVEST IN IT
SYSTEM
DEVELOPMENT AND INTRODUCE DIALER TOOL TO BE ABLE TO SERVICE A
LARGE NUMBER OF MASS DEBT CLAIMS
    * COMPANY PLANS TO ISSUE BONDS TO FUND THE INVESTMENTS
    * SUPERVISORY BOARD ACCEPTED ISSUANCE OF BONDS OF TOTAL
AMOUNT OF
26 MILLION ZLOTYS WITHIN 40 MILLION ZLOTYS PROGRAMME
    * 2 TO 5-YEAR BONDS TO BEAR VARIABLE INTEREST BASED ON WIBOR
6M
INCREASED BY MARGIN 
    * IT ALSO PLANS TO RAISE 7 MILLION ZLOTYS FROM BOND ISSUE IN
2019 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7SBZXBa
    
 Further company coverage:  CFBP.WA  
   


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