Thursday, August 13, 2015

President of Citi Handlowy: We paid more than 1 billion tax dollars – Banker

– We expect a trend reversal in the market fixed interest rate due to the expected increase in interest rates in the United States, which is why we decided on a policy to reduce the risk of our portfolio of bonds, which resulted in lower incomes – says Slawomir S. Sikora, CEO of Citi Handlowy.

 


 

 

 

President of Citi: We paid more than 1 billion tax dollars

 


 
 
 

 

 

– As far as the law of the Franks, the Citi Handlowy pursued a policy of non-alignment in loans francs. We have taken this decision due to our conservative approach to risk. We thought it important to us to lead the bank’s policy of stable and secure, even today this legislation in a narrow impact is not significant. On the other hand, taking into account the adopted solutions based on an analysis of the KNF, I can say that these solutions are going very far and could endanger the stability of the banking sector in Poland. We are concerned about.

– When it comes to tax banking, we would like to present the facts. Since 2008, ie since the banking crisis erupted in Western Europe and the United States, Citi has paid to the budget of tax on enterprises more than 1 billion 400 million. In addition, each member of the board of Citi Handlowy in Poland pays taxes on the highest rate – says Slawomir S. Sikora.
 

What novelties preparing the bank for its customers? The fact featured in the video.


 

Interviewed by Anna Drozd

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