A strong commitment to delivering the best solutions, supported by the strength and security of a leading universal Bank has enabled BNP Paribas Securities Services to increase its share of the Polish market, while also exerting a positive effect on the overall quality of the securities services business in the country.

Today, BNP Paribas Securities Services enjoys a position in Poland as a leading provider of local custody, clearing and settlement services, covering all instruments equities, bonds and derivatives across the entire trade lifecycle, achieving top-rated status in the Agent Banks Emerging Markets survey by Global Custodian magazine in both 2013 and 2014.

The full range of custody, clearing & settlement services provided to the market by BNP Paribas Securities Services in Poland comprises: trade processing, settlement and safekeeping, corporate actions, including income processing, proxy voting and class action services, tax relief at source and tax reclaims, reconciliation of securities and cash positions, client reporting, cash management services, including Forex, securities lending, collateral services.

The BNP Paribas Securities Services philosophy is to provide a value-added solution or product that is perfectly tailored to the client s requirements.

Pointing to the strengths of the business, Andrzej Szadkowski, Location Manager of BNP Paribas Securities Services in Poland, explained: Our approach is built on participating in industry association task forces, committees and advisory groups in Poland. We are active drivers of the regulatory framework, participating in and influencing the decision processes. This puts our clients in the advantageous position of being able to interpret the implications of market changes, maximising opportunities and minimising costs and risks. Our team in Warsaw, with its excellent long-term experience, covers all aspects of the securities services business with a high degree of expertise and something that is extremely important in the Polish market we have strong lobbying capabilities and maintain close relations with the local authorities and regulatory bodies.

BGŻ BNP Paribas Faktoring

Following the changes which took place in Eastern Europe in 1989, Poland became one of the leaders both in implementation of political change and free market economic solu- tions. Due to its size and location in Central Europe, the country attracted foreign direct investments in a variety of industries, not least the financial sector, including factoring. In 1994 Poland s first factoring company was set up by Bank Handlowy, one of the oldest

BNP PARIBAS SECURITIES SERVICES. OD LEWEJ: RICHARD PISKORZ,

DYREKTOR INTERNATIONAL OPERATIONS CENTRE I DEPARTAMENTU

OBSŁUGI FUNDUSZY INWESTYCYJNYCH, ANDRZEJ SZADKOWSKI,

DYREKTOR GENERALNY POLSKA

BNP PARIBAS SECURITIES SERVICES. FROM LEFT: RICHARD PISKORZ,

HEAD OF ASSET AND FUND SERVICES INTERNATIONAL OPERATION

CENTER, ANDRZEJ SZADKOWSKI, LOCATION MANAGER - POLAND

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