Getin IT together - more branches and on-line banking

"It is high time to create an all-Poland network and to introduce a new product offer," said Grażyna Bukowska, Getin Bank's spokesperson. The bank plans to open 55 new outlets, which would earn it 10th place on the domestic market in terms of the number of branches, one spot behind Bank Handlowy. The new branches will be created mostly in the centers of large cities. The bank is also going to unify the existing outlets, which currently operate under the aegis of Górnośląski Bank Gospodarczy and Bank Przemysłowy. In early summer, the firm is planning to launch a large advertising campaign. According to Parkiet, the company will need at least zł.30 million to implement these plans. Getin Bank will need another large sum of money to expand its IT system, as later this year it is going to introduce on-line and telephone account access. Money for this purpose will be raised during the share issue, which has been scheduled for June. The bank is hoping to collect at least zł.200-220 million from the issue. (Parkiet, p. 4) A.F.