Marcin Niewiadomski

PrivatBank has closed UAH 100m working capital deal under 5-7-9 state program with IMC, one of the leading agri holdings in Ukraine. What makes this deal a remarkable one is not the amount but the context. IMC operates 120k ha of agricultural lands in Sumy, Chernihiv and Poltava regions. First two are the regions neighbouring with russian federation and thus they are far from being a safe place. During the first weeks of the full scale russian invasion of Ukraine these regions were partially occupied and suffered heavily. However, immediately after the liberation of these territories in Spring 2022 IMC renewed its operations there in order to catch the agri season. Despite all the challenges of the last years the company keeps on working, constantly invests into renewal of its agri machinery, infrastructure and expansion of own logistics capacities. Moreover IMC constantly delivers high crop yields. #PrivatBank in its turn is committed to support Ukrainian business. We both provide access to 5-7-9 state program and deliver commercial financing. Following the demand from our clients we focus more and more on financing of investment needs of Ukrainian business. This is our contribution to the recovery of Ukrainian economy. Беремо і робимо!

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Centralized or decentralized? Take a look at my interview with Telewizja Biznesowa and see which option we at zondacrypto prefer, and why. Thanks for a great conversation!

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Big Success of the new Government and our Prime Minister Donald Tusk! Poland will finally receive EUR 59.8 billion, including EUR 25.27 billion in form of grants and EUR 34.54 billion in form of preferential loans. First advance payment is already on the account.According to EU policies, Poland allocates a significant part of the budget to Green objectives such as Renewable Energy Sources, Energy efficiency, reduction of emission of Co2 and Environmental Protection(46.60%in total.) 21.36% of the National Recovery Plan is allocated to the Digital transformation and tools.Is Poland ready to create adequate projects a efficiently spend these funds?Our Digital,Financial and Green Energy Experts are ready to help.

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Lietuvos bankas | Bank of Lithuania has appointed a temporary representative to oversee the operations at kevin. The Bank of Lithuania has appointed a temporary representative to oversee the operations of #Kevin EU, UAB due to concerns about the company's financial stability and consumer interests. Kevin EU, UAB, has delayed the submission of its audited annual financial statements for nearly four months, repeatedly extending the deadlines and failing to provide necessary information to auditors. Additionally, the company has not met the capital adequacy requirements and lacks proper internal controls. To address these issues, the Bank of Lithuania has assigned the private limited company Valnetas to supervise Kevin EU, UAB's activities. The company is required to submit the audited 2023 annual reports, shareholders' meeting decisions on profit (loss) distribution, the auditor’s opinion, and the audit report to the Bank of Lithuania by August 30, 2024. The appointment of a temporary representative means that all decisions related to the company's activities must be approved by the representative, who will regularly report to the Bank of Lithuania. However, this does not affect the company's management nor its existing customers' ability to use its services. Additionally, the Bank of Lithuania has instructed Kevin to cease providing payment services to new clients until the company meets the capital adequacy requirements. Kevin, which has faced challenges in maintaining financial transparency and stability, now has a clear deadline to rectify these issues. This move by the Bank of Lithuania aims to ensure the company's compliance with regulatory standards and protect consumer interests. The involvement of Valnetas is a crucial step in stabilizing Kevin EU, UAB and ensuring its operational integrity. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

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Millions of users and the highest Brand Power score for #BLIK. Surprised?   I'm not. Why? Because I've seen it all from the inside. Together with my incredible team, I’ve spent countless hours in meetings, analyzing data, comparing insights, and brainstorming – all to create a system that truly meets our users' needs. All that hard work has paid off, making BLIK synonymous with quick and reliable payments.   The latest Q2 2024 Kantar Brand Condition Survey shows BLIK leading the way with the highest Brand Power score of nearly 44% among users aged 18-65. That’s almost double the score of global competitors who have been in the market for years. 🏆   Seeing our dedication resonate with users is incredibly rewarding. BLIK’s reputation for convenience, speed, and security in payment processing highlights the impact of our efforts. I’m motivated to keep pushing further and reaching higher. I’m pretty sure the numbers can only keep climbing from here.   #CustomerSatisfaction #BrandPower #BLIKonTop #lovebrand #thankyouteam #siłamarki

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Rational solution with #PrivatBank

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On average, Poles make 1.5 million #BLIK phone transfers a day! 🚀📈 In the first half of 2024 our users made 132 m of such transactions. We have reached in this field 55 percent growth YoY. 📈 Moreover, the value of mobile phone transfers amounted to 282.7 billion PLN [66.1 bn EUR]. The average transaction was 153 PLN [35 EUR]. 💲 You can find more info here: https://lnkd.in/dbsncWhA #transfers #P2P #transactions

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🌍 Commerzbank AG to open a representative office in Lithuania.   One of Germany's largest banks will open a representative office in Vilnius this December. It will serve as the hub for the Baltic States. Commerzbank will focus on trade and project finance in the region. Fostering strong collaboration with the public sector and local financial service providers.   Commerzbank's presence and expertise will undoubtedly enhance Lithuania's banking sector's competitiveness. Its Baltic Representative Office in Vilnius will be the latest step in its mission to accompany its clients wherever they do business. Lithuania is already home to established German names such as Continental, HELLA, and Schmitz Cargobull, and German firms are the largest foreign investors in the Lithuanian Manufacturing sector. #Lithuania #Commerzbank #Finance #InvestLithuania

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 NARODOWI BANK POLSKI The #NBP decided to hold all key interest rates steady. #Reasoning #Ratio Weakened economic conditions: Poland's economic growth slowed in Q3 2024, with weak consumption, investment, and net exports. While industrial production and retail sales picked up in October, construction and employment in the enterprise sector declined. #Inflation to stay above target in the short term: The #NBP expects inflation to remain above its target in the coming quarters due to past energy price increases and planned hikes in excise duties and administered prices. #NBP is taking a cautious approach. They are holding rates steady for now, balancing the need to support economic growth with their commitment to controlling inflation. https://lnkd.in/dBMVHgEk

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Lithuanian businesses and creative industries get €70 million credit boost under European Investment Fund (EIF) deal with mano.bank The European Investment Fund (EIF) is providing Lithuanian bank Mano Bankas guarantees to #expand an existing credit line for small and medium enterprises (SMEs) by €70 million. The move by the EIF, which is part of the European Investment Bank (EIB) Group, unlocks €25 million for SMEs to bolster liquidity weakened by the Covid-19 pandemic and €25 million for a range of climate-adaptation steps. A further €15 million will be available to SMEs in the creative industries including publishing, audio-visual art, video gaming, radio and television. The EIF guarantees are being extended under the European Commission`s InvestEU programme. They come on top of a 2022 EIF guarantee agreement with Mano Bankas that unlocked more than €40 million in new loans for businesses in Lithuania. “Our partnership with with Mano Bankas under the InvestEU programme aims to boost the competitiveness of the Lithuanian economy,” said EIF Chief Executive Marjut Falkstedt. “Together we have created a considerable credit line to finance businesses that will generate new employment opportunities and accelerate the transition to a carbon-neutral economy. Furthermore, with financing for the creative industries, we are supporting an important – yet underserved – part of the Lithuanian economy.” Financing for climate adaptation will be for projects to introduce renewable-energy sources and improve energy efficiency in buildings. SMEs will be able to invest in low-emission and zero-emission transport projects as well as in information and communication technology upgrades that result in lower energy consumption. “We are continuing our successful cooperation with the EIF,” said Mano Bankas Chief Executive Officer Giedre Blazgiene. "We have already granted loans to the Lithuanian small and medium-sized enterprises for more than €32 million under the previous agreement signed in 2022. The scope of the financing programmes has been expanding and thus, such cooperation will allow financing the business that has suffered because of the pandemic, as well as the business developing ecological and cultural projects,” says CEO of Mano Bankas, Mrs Giedre Blazgiene. The latest EIF-Mano Bankas partnership expands InvestEU support in Lithuania for SMEs with cultural, artistic or other creative activities. The credit line at Mano Bankas and the EIF guarantees help ensure the flow of credit in Lithuania to a sector that has long faced financing obstacles because its business models differ from traditional ones. Financing is available to companies operating in, among other areas, publishing, art galleries, theatres, radio, TV and computer applications. To share your startup story write us on - [email protected] #eif

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Krystian Strabanik Adam Kosmala PKO Bank Polski finances the development of open fibre optic networks in Poland Together with a consortium of seven financial institutions, we have signed a loan agreement with a total value of PLN 2.8 billion with Fiberhost, INEA and related companies. Our stake amounts to PLN 600 million. "Open fibre networks are one of the most effective ways to introduce digital services in areas where residents have limited or no access to high-speed fibre internet. Such infrastructure and the services provided through it are crucial for the effective digital transformation of our country and the pursuit of climate neutrality, in line with the assumptions of the European Green Deal. That is why we are glad that we can financially support Fiberhost and INEA in the implementation of their business targets," says Marcin Majewski, Head of the Corporate Clients Relationship Division at PKO Bank Polski PKO Bank Polski supports its corporate clients in the implementation of investment projects. The financing will be used to achieve the group's strategic objectives, a.o. the development of a multi-fibre network, the expansion of the range of services on open networks and the refinancing of existing debt. #PKOBankPolski #PKOBP #loanmarkets #projectfinance #investment

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Did you know that the total value of the luxury goods market in Poland increased by 12.2% in 2023? This data is reported by KPMG in its latest report. At the same time, observations by LM PAY S.A. indicate that premium medical services are also very popular. What conclusions can business owners, such as private clinics, doctor’s offices, and salons, draw from this? ●     It is worth adapting your services to the needs of Generation Z customers. ●     Ensuring the highest level of customer service — from booking the service to payment in a convenient form and at a suitable time — is essential. ●     Online presence and the use of modern technologies are fundamental. Here's more about which luxury goods Poles spend on the most and which premium medical services they choose 👇

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🚀 The Cryptocurrency Market: It’s Not A Russian Roulette I recently had the pleasure of speaking with Rzeczpospolita, a top-tier Polish daily, about the evolving cryptocurrency space, sharing my perspective on why this market is far from the "wild gamble" many still believe it to be. In our discussion, I emphasized that crypto is not about luck. It's primarily about innovation, strategy, and a vision for the future. Yes, volatility exists, but so does opportunity. To succeed in this space, we need to balance informed decisions with a long-term mindset. There is no point in starting investing without education. Regulation and education are key to ensuring this market reaches its full potential. And that is why the regulators need to redefine their approaches towards crypto. Because it's the future of finance, whether someone wants it or not. Read more: https://lnkd.in/eDRgtB4N

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Next week I will be in Brasov, Oct 10-11, for the Future Banking Summit 2024, with a couple of my colleagues. Can't wait to find out all the news and trends in the Romanian Banking Industry, as well as to reconnect with business professionals I've met in this wonderful year. Who else will be joining the summit? #futurebanking #futurenakingsummit #fintech

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I am incredibly happy that my wife Yaroslava Loskutova recently joined the #fintech community and is helping talents find great jobs in exciting companies! 🌟 Unfortunately, I don't have much time to dedicate to supporting her agency HeadHunters Hub. However, I want my network to know that whether you're looking for new talent or new job opportunities, you can always check here: https://careers.hhhub.eu/ 🔗 For the job seekers even better to sign up and receive updates about new job openings that fit your skills and region! 📬🚀 #Fintech #JobSearch #TalentAcquisition #JobOpportunities #Networking

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Fintech Valley Europe is the way forward! 🚀 It's not just about competition, but also about collaboration. 🤝 On November 18th, we participated in a significant Fintech conference in Warsaw during Warsaw Finance Week. Here’s a brief summary from one of the discussion panels we attended. Chris C. (moderator, Nordic Fintech Magazine) asked: "How are different fintech ecosystems doing? How do they collaborate and compete with each other?" Kamila Borkowska (PL Poland, Director, Business Development-Fintech, Mastercard) emphasized that great collaboration has brought many positive benefits, united us, exchanged ideas, and brought common positions on regulations. Competition is important as it evaluates the entire fintech sector. We should not fear competition but set cooperation levels to benefit from the market. Ian Kalla (EE Estonia, Head of Fintech, FinanceEstonia) and @MartinWikSætre (NO Norway, CEO, Quantfolio; Board Member, NCE Finance Innovation) agreed on the importance of cooperation between countries and associations. Ian added that cross-ecosystem collaboration is about building bridges, a core value for associations wanting to collaborate internationally. Chris asked about conflicts between local ecosystem goals and international business goals. Martin from Norway responded that he does not believe in protectionism and that strong cross-border cooperation is the right direction. Kamila emphasized that strong cooperation is good for client growth and speeding up processes. Ian agreed, adding that building walls around ourselves will make us lose business. Matěj Novák (CZ Czech Republic, Board Member, Czech Fintech Association; EasyChange.cz) talked about effective cooperation and money exchange opportunities. Branislav Slobodník (SK Slovakia, Research Project Manager, FINAS - Fintech and Insurtech Association Slovakia) emphasized that positive competition is important and entering markets like Estonia and Norway can be beneficial. Braňo added: "In Slovakia, I would say that it is not competition, it is positive competition. Entering the Estonian and Norwegian markets is better because people there have knowledge, capacities, and you can save costs and speed up time." Kamila added that we should look at other ecosystems like Estonia and learn from each other. Martin from Norway agreed, emphasizing that well-functioning cooperation between countries can achieve great things. In this discussion, there was a consensus from different parts of Europe that uniting in our sector makes great sense for each of us. For these reasons, we are founding the Fintech Valley Europe association to promote European interests and support cross-border cooperation. Thank you to Braňo Slobodník for presenting FINAS - Fintech and Insurtech Association Slovakia and the initiative of uniting Fintech Valley Europe. #WarsawFinanceWeek #FintechValleyEurope #finas #fintech #leaders #Poland #Estonia #Nordic #CzechRepublic #SlovakRepublic

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