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Fortis Bank's Polish Arm Doing Fine.

Europe Intelligence Wire

| October 01, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Polish News Bulletin)

According to Fortis Bank Polska's latest financial guidance, in 2012 its revenue will double in comparison to the present and amount to around ZL2.7bn. "In order to achieve this goal, we will double the number of our offices and our market share," says the institution's deputy CEO Jan Bujak. In this way, in 2012 Fortis would have around 500 outlets in Poland and control 5-6 percent of the local market. Bujak adds that in four years' time the bank's ...

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