In Brief: Bankgesselschaft and Inteligo; Raiffeisen investments; Kredyt Bank

Bankgesellschaft Berlin (BGB) of Germany wants to increase its stake in Inteligo Financial Services (IFS) from 49% to 100% and afterwards to sell the company. In addition to this, the bank wants to rid itself of Bankgesellschaft Berlin Polska. (Rzeczpospolita, p. B4) ... Raiffeisen Bank Polska has announced that by 2005 it will invest several million zloty for electronic distribution channels. The company will introduce the program in mid-2002, and will develop its phone banking network as well as a centralized IT system. (Puls Biznesu, p. 4) ... Kredyt Bank has said it anticipates its 2002 net profit will increase to some zl. 200 million, compared with zl. 78.5 million in 2001. By 2004 the company plans to be running one million individual accounts. (Rzeczpospolita, p. B4) P.J.