Invest-Bank moves into e-banking as part of new strategy

In four months Invest-Bank will present its new development strategy, which will aim at finding an investor with zl. 100 million. The new five-year strategy includes a reduction in the number of branches and employment, as well as finding a new investor. "We assume that within a year we can find around $20 million," says Stefan Ciesla, president of Invest-Bank. He added, "If a new investor proposes attractive conditions, it is possible he could take a majority stake in our bank". After dismissing 400 people the bank also plans to close 30 branches. In 2002, Invest-Bank wants to reduce and simplify its products as well as introduce home banking within the next three months. In March the Invest-Bank bought an integrated IT system for this purpose. Clients will be able to use the bank's services through Polsat TV decoders. (Puls Biznesu, p. 4) P.W.