The development of the Polish corporate bonds market resulted from changes from the supply side. When the Lehman Brothers went bankrupt, Polish entrepreneurs realized that financing their companies’ operations only with the use of credit, even if contracted from different sources, might not be the best idea. Consequently, Polish business turned to debt instruments – said Piotr Kowalski, Head of the Warsaw Office of Fitch Ratings, the first of our keynote speakers at the 136th mBank-CASE Seminar “Corporate debt securities market in Poland: state of art, problems, and prospects for development” which took place on the 5th of March 2015. …read more
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