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The total capital increase of up to USD 15 million (EBRD portion: up to USD 4.4 million) will strengthen Kredobank’s capital base allowing further growth of the bank’s business and compliance with NBU regulations.
This smart card makes it possible to apply student card as a payment instrument and also as a means of transport benefits.
Through the use of modern data protection information in the chip module is protected against forgery and breach of integrity.
Although floated on the Warsaw Stock Exchange, as of May 2011 the state still directly and indirectly holds 51.24% of shares (40.99% belong to State Treasury and 10.25% to state-owned Bank Gospodarstwa Krajowego).
However, the state shareholders informed recently that they intent to sell some of their shares.
Need in contactless chip determines directly by higher education.