PKO Bank Polski has used the time of lower economic activity to support Poland’s energy transformation and to limit the Group’s negative impact on the natural environment. We reduced the CO2 emission generated by the Group’s companies, we implemented assessment within the scope of ESG for the credit process for corporate clients and we updated the credit policy for carbon-intensive sectors. At the beginning of 2021, PKO Bank Polski, together with PKO TFI, launched PKO Renewable Energy, i.e. a closed-end investment fund, where the Bank is ultimately going to invest up to PLN 500 million.
said Rafał Antczak, deputy president of the management board of PKO Bank Polski
PKO Bank Polski is the indisputable leader at the Polish banking sector. After three quarters of 2020, its’ consolidated net profit amounted to PLN 2.02 billion and the value of assets PLN 377 billion. The Bank is the basic supplier of financial services for all segments of clients, having highest shares at the market of deposits (18.4%), credit (17.6%), lease (11.2%) and investment funds for natural persons (22.2%). Having over 9.55 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 has been activated almost 5 million times by the end of the third quarter 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.