In Q2 2004 BRE Bank continued with dynamic growth and fast improvement of key financial indicators. Its H1 2004 net profit grew to nearly PLN 71 million, the Bank’s best profit figure in 3 years and a proof of stable upward trends already visible in Q1 2004. The Group’s total assets grew by almost PLN 4 billion year on year; they increased by approximately PLN 1.5 billion in Q2 2004 alone. This makes the Bank a market leader in terms of growth. Thanks to the Bank’s successful stock issue, its solvency ratio grew significantly and is 14.3% on a non-consolidated basis. Strong financial performance of mBank and MultiBank continued in Q2 2004.