DB 24 ponders issues related to its presence on Warsaw Stock Exchange

DB 24 will delay increasing its capital that was originally planned for 2003. The bank still believes that it is possible to make a profit, to cover its zl 160 million deficit, by the end of 2006. The Deutsche Bank Group will not withdraw DB 24 from the Warsaw Stock Exchange by the time Poland accedes to the EU. "By that time, banks in the Deutsche Bank group will be quoted on the Frankfurt and Warsaw stock exchanges. Investors will later decide what is most profitable. Investors in many other banks will face the same question," said Marek Kulczycki, president of DB 24. Despite the fact that Deutsche Bank has two independent financial institutions, they do not want to merge them. The bank expects to make a modest profit of zl. 15 million this year. (Puls Biznesu, p. 4) P.W.