Poland's second online bank to open its virtual doors to public in March

Inteligo is the name of Poland's second Internet-based bank, announced Andrzej Klesyk, the new virtual bank's chief executive, at a press conference held yesterday, adding that its services would be available online starting in March of this year. Klesyk said Inteligo will provide a wide range of services for businesses and individuals alike, and stressed that the company's founders are counting on the rapid growth of the Internet in Poland for its success. For now, Inteligo does not plan on opening branches, remaining a dot.com business only, but Klesyk said he did not rule out the possibility of forming a partnership with a bank with a network of branches at some point in the future. German Bankgesellschaft Berlin owns 40.8% of Inteligo, while Inteligo Financial Services, a company registered in the Netherlands, holds the rest of the bank's shares. Inteligo's capital amounts to $11 million USD, and should be doubled within two years' time. (Rzeczpospolita, p.B5)