Archives with Category : Financing

20 April 2012 Posted by Ewa Piwowar

Smart About Investments – Promoting Public Shareholding Following a System Change

Regardless of overall weak global investment sentiment, the 21 years old Warsaw bourse still seems to be an attractive market for individual Poles. Their share in annual trading volumes dropped from peaks of about 35% in the years 2004 and 2006 to around 20% now,  but that is still significant. It is the result of the public’s trust in and popularity of Warsaw Stock Exchange (WSE), which was also promoted by the early introduction of public shareholding, says Wiesław Rozłucki, former President of the WSE Management Board.  In this post, part of our “Smart About Investment” series on the CEE populations’ saving habits, he talks about the importance of public shareholding and how it should be promoted in the future.

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10 April 2012 Posted by GE for CEE

Winning Against Cancer

GE for CEE is proud to announce that the GE Healthymagination Challenge we were inviting participants from this region to has a winner with links to CEE.  A group of researchers from the University of Akron, led by Hungarian born materials scientist Judit E. Puskas, was one of the first five winners of the Healthymagination Challenge announced in San Francisco on March 27.

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4 April 2012 Posted by Ewa Piwowar

Local and Leading

Guest post by Viktor Tóth, Head of Budapest Bank’s commercial division This year’s Budapest Bank’s Partner Award was won by the Körös-Maros Biofarm, a cattle breeding company in Békés County, Hungary. The jury appreciated the company’s participation in numerous research and development projects in partnership with Hungarian universities and research centers, thereby contributing to the popularization of ecological farming and the development of the region.

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19 March 2012 Posted by Ewa Piwowar

Everyday Heroes

The Everyday Hero campaign, launched in September 2011 by Bank BPH, part of GE Capital Group, together with Polish TV station TVN and Internet portal Onet, was successful from the very beginning. At a time when the banking sector came under increasing scrutiny by different stakeholders, the campaign supported BPH’s centering on fairness and transparency and it brought the financial institute closer to the people by promoting a better understanding of the current economic environment. As a result, the bank was recognized as number one on fair play and trust in the Polish market by an Ipsos Marketing survey at the end of last year.

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27 February 2012 Posted by Elma Peters

New Medical Practice

Energy utility CEZ Group and GE Energy substantially contributed to upgrade the medical practice from the community of Cogealac in the county of Constanta (Romania). The Permanent Medical Centre, providing services around the clock, was renovated and equipped with cutting edge medical devices and extended with a new balneo-physiotherapy ward. Following the extension works, the Medical Centre will now also host the county ambulance unit which provides emergency intervention services for the Northern region of Constanta County.

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22 February 2012 Posted by Ewa Piwowar

Mobile in Banking

Increasing number of mobile phones motivates financial institutions to introduce new solutions for the clients to meet their growing expectations. The possibility of connecting to the Internet via a mobile phone has meant a major turning point in user behaviour. According to data provided by Strategy Analytics, a company engaged in analysing the international market in consumer electronics, 391 million mobile telephones were sold in the third quarter of 2011, which is a 19% year-on-year growth. 117 million smartphones were sold, i.e., 30% of all mobiles.

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13 February 2012 Posted by Ewa Piwowar

Smart About Investments – Millions Need Financial Literacy

The financial crisis has helped boost the interest in financial literacy. Thus subject is more often talked about today; more is done about it, whether for grown-ups or for children. The truth is that individual states, the EU and OECD have dealt with this topic long before the crisis. Why?

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1 February 2012 Posted by Ewa Piwowar

Smart About Investments – Better off with Credits

There is probably no doubt that we are a lot better off now than 15 years ago. But each of us has to realize that we have reached this state almost solely by taking on debt. An uninterested economist would like the fact that, from his viewpoint, 2011 was certainly “very interesting.” At the start, the large global economies enjoyed relatively good growth, but there was a dramatic turnaround by mid-year.

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16 January 2012 Posted by Ewa Piwowar

Smart About Investments – Gold is Shining Again

“Although the transition from command economies to market economies took place more than 20 years ago, the know-how on storing personal wealth cannot be tradition-based in CEE. We still need to get familiar with what it means to distribute our savings between bonds, equities and foreign currencies over a life-cycle horizon.”

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13 January 2012 Posted by Ewa Piwowar

Acknowledged Banks Matter

The end of a year is a good moment for looking back, allowing many of us to count yearly achievements, taking into account results and other lessons to learn from, starting the New Year with more experiences for an improved outcome. With more than 75 years of experiences, we at GE Capital collect our accomplishments in the region year after year to secure our versatility that empowers our customers.

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