PKO BP to keep top spot with million-złoty credit card

Recently the institution introduced the Visa Infinite credit card, which is the most prestigious product of the organization. "We are the fifth bank in Europe that was allowed to issue this card. We expect to issue 500-1,000 of these cards over the next two years," said Jacek Obłękowski, a management board member at PKO BP. The product will be directed at the wealthiest Poles, not only clients of PKO BP, and it will offer a credit line of zł.1 million. "We are second on the market to Citibank and we control a 25% stake of the market. We intend to become a leader within two to three years," said Obłękowski. In 2005 PKO BP will grant mortgage loans amounting to zł.7 billion, which should ensure its top spot, with a market share of 30%. (Puls Biznesu, pp. 1,8) M.M.