Eurobank on the brink of sales operation with e-services to follow

In Q4 2004 Eurobank is planning to begin selling its products through a network of advisors and authorized financial intermediaries. "The phase of constructing our own bank network is almost concluded. We will still open a few outlets annually, but only if the locations are good enough," said Eurobank president Sławomir Łukasiewicz. In the first quarter of 2005, the bank will launch e-banking services. "We are currently not planning to service companies and we are not carrying out any analysis concerning this sector. We might do it in a few years," said Łukasiewicz. The management and supervisory board of the institution are now considering whether to acquire a new investor, which will add prestige to the bank, but also co-finance further development. (Rzeczpospolita, p. B5) M.M