BOS to focus on environmentally-friendly investments
The new plan envisages a capital injection from the institution's main shareholders - the national and voivode environmental protection funds - increasing the company's capital from just over zl.0.5 billion to zl.1.2 billion in 2009. It was not revealed how this transaction would be conducted and whether there will be a new share issue. Stanislaw Kostrzewski, deputy president at BOS, claims that he would like to see 50% of the bank's shares listed on the stock exchange; currently this figure stands at a mere 1%. According to the new strategy, retail services are to be limited and the bank is to concentrate on financing investments related to environmental protection. (Puls Biznesu, p.10) A.K.