Shareholders to increase Bank Pocztowy's capital in 2003

Contrary to earlier announcements, the capital of Bank Pocztowy (BP) will no t be increased this year. BP's main shareholders have decided not to let in a new investor and to find the necessary financial resources from their exis ting shareholders. "Poczta Polska and Prokom have pledged to increase BP's c apital by zl. 80 million-zl. 100 million by the end of the first quarter of 2003. The final amount will be announced at a meeting of the supervisory boa rd at which a new three-year strategy will also be agreed," said BP's presid ent Andrzej Szukalski. (Puls Biznesu, p. 9) A.Z.