Amerbank to undergo restructuring and name change
German-owned Amerbank is to change its name this year, launch private bankin
g this month and continue servicing corporate clients. The new name has not
yet been disclosed. This month Amerbank's equity was raised from z3. 100 mil
lion to zl. 204.3 million, as a result of which the bank's solvency ratio su
rged from the 8% minimum to 18.6%. One-third of the new capital will be spen
t on IT improvements. The bank plans to attract around 1,000 customers for i
ts private banking services, mostly those who are dissatisfied with the serv
ices of other banks. Amerbank president S3awomir Sikora told a press confere
nce that his bank is not interested in becoming a mass retail bank, that is
why it has no plans to take over internet bank Inteligo or any other retail
bank. (Puls Biznesu, p. 9) T.J.