According to Reuters, Jozef Wancer the CEO of Bank BPH, stated that ‘the net profit will be much better than year ago. It may be several dozen percent better’. These good results should come as a result of strong lending volumes growth in retail segment as well as investment funds flows. We expect a positive market sentiment to the stock with the results approaching (Bank BPH is expected to report its 1Q06 results on May 11).