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Foreign Exchange

Saxo springs into Prague

Saxo Bank has opened for business in Prague, driven, the bank says, by a doubling of its business in the central and eastern Europe region. The office will be headed by Karol Piovarcsy. “Sustainable success is driven by customer focus and the new office, the first in the central and eastern European region, will enable us to have greater access to clients and partners in the Czech Republic, Slovakia and Poland,” he says. “While clients will continue to benefit from Saxo Bank’s aggregated tier 1 liquidity and technology, the new office will enable us to enhance education both through our own products and through increased partnerships with institutional partners.”

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