Polski Kredyt Bank S.A. integration into the HSBC Group
On the 11 September 2003, the Polish Commission of Banking Supervision announced its approval for the acquisition of Polski Kredyt Bank S.A. from its parent, Kredyt Bank S.A. and the granting of a new banking licence to the bank. HSBC agreed a price of approximately PLN31 million (approximately US$7.8 million), and renamed Polski Kredyt Bank S.A. as HSBC Bank Polska S.A. following completion. HSBC Holdings plc announceds the appointment of Sumanth Pasupuleti as a Chief Technology Officer (CTO) of HSBC Bank Polaska S.A and Head of Commercial & Global Banking Line Designate from 1 June 2017. HSBC Bank Polska S.A. was converted into a
branch of Paris-based
HSBC Continental Europe in 2019. ==See also==