PKO Bank Polski expands the cooperation with Exide Technologies by signing a new long-term financing agreement and an agreement on maintenance and servicing of accounts for the group's entities. PKO Bank Polski has been assisting the development of Exide Technologies in Poland for a number of years. Along with signing the new financing agreement, the business partnership now expands on the European scale - seeing a significant growth of the cooperation with the use of, among others, branch of PKO Bank Polski in Frankfurt.
Exide Technologies delivers world-class solutions in the area of energy storage, which are pioneer in the industry with respect to their quality and efficiency. Exide Technologies focuses on innovations and better future in every area of its operation - from automotive industry to extensive ICT networks. We would like to thank the Exide Group for its trust and cooperation not only during this transaction, which confirms that we are supporting our clients in development and service of international markets
said Przemysław Marchwicki, Director of the Corporate Macro-Region in Poznań, PKO Bank Polski.
PKO Bank Polski is the indisputable leader at the Polish banking sector; the value of its assets amounts to PLN 418 billion. In 2021, it earned a net profit of PLN 4.9 billion. The Bank services 11 million retail clients. The is the basic supplier of financial services for all segments of clients, having highest shares in of deposits (17.8%), credit (17.4%) and the market of investment funds of natural persons (19.9%). Thanks to the development of digital tools, including IKO, which has been activated on more than 6 devices of clients, PKO Bank Polski has become the most mobile bank in Poland. The company is reinforcing its foreign presence via corporate branches operating in Germany, Czech Republic and Slovakia.