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Bank Brief: EBRD-BGŻ mBank WAP service; BS; WestLB; BZ WBK; eCard

The EBRD confirmed that it will give Bank Gospodarki Żywnościowej (BGŻ) a zł. 1 billion capital injection. The first zł. 500 million will be transferred by the end of June and the rest in 2004. (Gazeta Finansowa, April 5-11, p. 7) ... A new service offered by mBank allows users to instantly review quotations of investment funds offered by the bank through mobile phones' WAP service. (Gazeta Finansowa, April 5-11, p. 6) ... Brodnica based Bank Spółdzielczy (BS) is the first bank to launch an ASP Internet banking system. This allows clients to review all offered products, transactions, and open new deposits. (Gazeta Finansowa, April 5-11, p. 6) ... WestLB Polska granted loans totalling zł. 835.8 million in 2002. (Gazeta Finansowa, April 5-11, p. 7) ... Bank Zachodni WBK lowered its mortgage loans to 6.49%, which is now the most attractive on the market. (Gazeta Finansowa, April 5-11, p. 7) ... Between January 1 to March 31, eCard authorized and accounted 39,155 transactions worth a total of over zł. 9 million. This represents a 14% turnover growth and a 6% increase in numbers of transactions as compared to Q4 2002. (Gazeta Finansowa, April 5-11, p. 7) A.K.

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