IDM to seek banking license after strong performance

This time to zl.20 million instead the zl.16 million originally planned, a result of its Q3 operations in the IPO sector. "We are not worried about the situation on the bourse," said IDM's deputy president, Rafal Abratanski. "The political storm is short term while the economic fundamentals are very strong. Especially in the SME sector." The company's merger with Electus, the leader in the financial services for the health care sector, is also only a step away. After which, the main shareholder in the company, Marek Falenta, will control 30% of shares in IDM. Electus plans to generate a net profit of zl.16.5 million this year. In order to create a full financial group, it needs to establish a bank. "This is our priority," said IDMSA president, Grzegorz Leszczynski. "By the end of the year we will make a decision whether to take over an existing institution or to submit a request for a banking license." (Puls Biznesu, p.9) A.K.