Bank Pocztowy looks towards securing a share of mass payments market

The bank has just finished implementing a new IT system in its 60 branches and intends to incorporate 700 outlets of its main shareholder, Poczta Polska into the system. The bank wants to specialize in servicing mass payments and hopes to service a part of the EU funds. Moreover, 5,000 postmen have already been trained to sell banking services mainly to individual clients in smaller towns. To implement all of its plans, the bank may need as much as zł.30 million, but BP's main shareholder, Poczta Polska and Prokom Investment must first agree on increasing the bank's share capital. The development plan has yet to be accepted by BP's supervisory board which will be formed on Friday. (Puls Biznesu, pp. 1, 9) E.B.