According to Polish daily Rzeczpospolita, Mariusz Grendowicz, Deputy CEO of Bank BPH, stated that the bank expects the corporate loan segment to grow by 7-8% in 2006, mainly driven by SMEs. He commented that Bank BPH is targeting to gain market share in this sector. In 2005, the corporate loan portfolio of Bank BPH grew by 5.7% to PLN 17.2bn outperforming the market (+2.8% y/y), while its corporate deposits increased by 13.1% to PLN 13.1bn underperforming the market (+18.5% y/y). We do not expect the news to have any trading impact.