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Dominet Bank begins to blossom and grow

"The company now has the possibility of producing stable revenues and at the same time has lower costs. The largest investments have been concluded," said Sylwester Cacek, head of the supervisory board and shareholder of the institution. Last year, the bank was constructing its network and invested in IT systems. Dominet owns 101 outlets, the number of which should increase by 29, both owned and franchised. "Thanks to implementing our on-line system we are ready to offer a wide range of products other than car loans," explained Cacek. In 2005 bank might issue shares worth a minimum of $5 million, which will be equally taken by all shareholders, including financial investor Merrill Lynch. (Puls Biznesu, p. 12) M.M.

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