Raiffeisen Bank Polska (RBP) closed 2004 with a record net profit of PLZ.165.4 billion which is almost double the figure from 2003.
In 2004 the bank increased the value of granted loans by 17% while the deposits grew by 8%.
"We significantly exceeded our plans for 2004. We want to retain the profit at the bank, but our owner will probably get a part of it in dividends. This year we should continue our growth trend," stated RBP president Piotr Czarnecki.
The bank opened seven new branches in 2004 and plans to equal this number in 2005. "The bank holds second place on the leasing market," added Czarnecki, "We have a 6% share of the credit card market and we want to increase it."
Until now the bank has based its offer on small- and medium-sized enterprises and retail banking services. Now it also prepared a special offer for the smaller family businesses with an annual turnover below PLZ.3.4 m.
