Bank Pocztowy aims to double assets over three years

"This is 60% above the projections. If we manage to maintain the pace of development, we should close this year with at least zł.25 million of net profits. However, in 2006 it will be difficult to maintain this pace because under our new strategy this will be the time of our largest investments. These will include the adjustment of outlets controlled by the Polish Post (PP), our main shareholder, to service banking products," revealed Alfred Bieć, who was given green light by the Banking Supervision Commission a few days ago to take the chair of BP's president. In 2006 BP plans to execute investments worth some zł.43 million. According to the new strategy, these investments will generate a net profit of zł.46 million in 2008 and more than double BP's assets to reach zł.6 billion. (Puls Biznesu, pp. 1, 4) A.K.