Harsher economic conditions translated to the results of PKO Bank Polski Group, which in the 1st half of 2020 generated PLN 1.3 billion of net profit, 37.2% less than a year ago.
PKO Bank Polski is the indisputable leader in the Polish banking sector. In the first half of 2020, its consolidated net profit amounted to PLN 1.3 billion, whereas the value of assets reached PLN 377 billion. The Bank is the basic supplier of financial services for all segments of clients, having highest shares in the market of deposits (18.4%), credit (17.6%), lease (11.2%) and investment funds for natural persons (22.2%). Having over 9.46 million pay cards, the Bank is the largest issuer of debit and credit cards in Poland. Thanks to the development of digital tools, including IKO, which was activated almost 4.7 million times by the end of the first half of 2020, PKO Bank Polski has become the most mobile bank in Poland. The Capital Group companies reinforce the Bank’s strong position. PKO Bank Polski Brokerage House is the leader with respect to the number and the value of IPO and SPO transactions on the capital market.