Nord/LB Bank name change heralds push for top tier

The change follows the fusion of the structures of the shareholders of the bank - Norddeutsche Landesbank Girozentrale and DnB Nor - the largest Norwegian bank. The bank's president, Jarosław Dąbrowski, hopes that the change will lead to further growth. "As of today our primary goal is to be in the first 15 largest banks in Poland," he said. In the first four months of the year the bank's net profit reached zł.7.9 million - a 52% rise from the corresponding period of 2005. "In every aspect of operational activities we are growing faster than the market," Dąbrowski said. (WBJ)