DB PBC hopes to grab a bigger slice of the loans market

"We believe that it may increase by 60-70% by 2007, The sector is buoyant," stated DB PBC president Marek Kulczycki. Over the first four months of this year the company's loan portfolio increased by almost 30%. "The corporate loans increased by 38% as compared to the end of last year and amount to zl.1 billion and mortgage loans grew by 26% and amount to zl.770 million. We also recorded an 80% increase in the sale of investment funds units," revealed Kulczycki. It is still unknown whether the bank will post any profit this year. "We assume there will be a profit on the operating level, but it depends on the expenses related to implementing our strategy whether there will be a profit on the balance sheet," explained Kulczycki. The bank has completed the process of doubling its outlets and currently has 65 of them. It has also implemented an integrated IT system and hopes that due to such investments it will manage to increase the number of its customers by 15% this year. (Puls Biznesu, pp. 1, 10) E.B.