BGZ opts for Polish computerized banking system

Bank Gospodarki Zywnosciowej (BGZ) is to spend zl.150 million on a new computerized system enabling it to offer its customers on-line banking services. The bank has chosen the Eurobank integrated package that will allow it to provide innovative services using electronic mail and the Internet. The Eurobank system is produced by Apexim, and the choice of a Polish company to implement and integrate such a system has come as a surprise to many analysts. Defending the bank’s decision, Romuald Klosinski, BGZ vice president, said, “Only a Polish system can properly work for BGZ. A foreign model, because of the specifications of our bank, would have to be rewritten in order to take into account our needs, and then the costs would rise significantly.” Klosinski went on to explain, “We plan that the system will have a trial run in selected divisions of the bank in the fourth quarter of 2001, and complete implementation will take place in 2002.” (Puls Biznesu, p. 3) A.K.