Getin Bank rides wave of profit

"We want to maintain such growth throughout the year," said Getin Bank president Jaroslaw Dowbaj. In 2006 the company's profit exceeded zl.140 million and if it successfully implements its plans, profits for 2007 will rise to zl.300 million. The company hopes to increase profit on the back of sales growth, which is set to increase by 100%. In Q1 of 2007 sales exceeded zl.1.5 billion compared to zl.800 million in Q1 2006. "We are the most happy with the fact that we significantly improved the sale of car loans, this rose by zl.80 million compared to the same period last year," stated Dowbaj. He also pointed to very good sales of cash loans, the value of which rose to zl.290 million in Q1 this year. Dowbaj revealed that the bank wants to create a network of franchise outlets. "We want to open 30 outlets by the end of this year and 200 within the next three years." (Puls Biznesu, p. 9) E.B.