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Getin Bank targets acquisitions after posting good profits

On top of that, it is already planning further acquisitions. After three quarters of 2004 Getin Bank (which is Górnośląski Bank Gospodarczy until November) posted a net profit of zł.41 million, a figure planned for the whole year. "We are increasing the annual forecast to zł.51 million," said Leszek Czarnecki, president of Getin Bank and head of the supervisory board of Getin Holding. He wants to rapidly develop his financial group by also pursuing mergers with related companies. The institution is now looking for other targets, such as leasing companies, which will become a financing pillar for small companies, as well as acquiring a car loan company in Russia. (Puls Biznesu, pp. 1, 10) M.M.

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