A fine time for AIG Bank Polska

After Q3, the company's profit amounted to zl.160.3 million. "We operate on the consumer credit market, therefore our best sales are achieved in the fourth quarter, while the profits which we gain from them are in the future," said AIG Bank Polska's president, Grzegorz Rojewski. The final period of the year is also the most costly for the corporation, mainly because of marketing investments. "That is why I think that the final net result should slightly exceed zl.200 million," he added. In 2006 the financial institution plans to maintain a pace of profit growth exceeding 10% and a 30% growth of granted credit. The bank's credit portfolio currently stands at zl.2.7 billion. In order to maintain its market share and rate of growth, company representatives announced plans to launch a franchise network as well as new products for retail customers. (Puls Biznesu, p. 8) A.K.