Results of the Asset Quality Review (AQR) and Stress-Tests Once Again Confirm Robust Financial Strength of PKO Bank Polski
2014.10.26
PKO Bank Polski obtained one of the best results in the Polish banking sector in the asset quality review (AQR) and stress-test. Under each scenario, including the most extreme scenario, the Bank retained a high capital buffer above the required capital adequacy ratios: ...
PKO BANK POLSKI TAKES OVER NORDEA’S ASSETS
2014.04.01
As of April 1st, PKO Bank Polski Capital Group has been expanded by Nordea Bank Polska, Nordea Finance Polska and Nordea TUnŻ. The total final price for the acquired companies amounted to almost PLN 2.81 billion. Over seven years, a loan portfolio denominated in foreign ...
PKO Bank Polski gets KNF’s approval to take over Nordea Bank Polska
2014.03.03
The Financial Supervision Authority (KNF) has unanimously decided that there are no reasons to oppose the take-over of shares in Nordea Bank Polska by PKO Bank Polski. Today’s decision of the KNF has been preceded with the consent to buy shares of Nordea Polska life insu...
PKO Bank Polski applies to the Financial Supervision Authority (KNF) for a permit to set up a mortgage bank.
2014.02.13
Positive decision of the KNF will allow creating PKO Bank Hipoteczny, a new entity within PKO Capital Group, fully operative in late 2014 or early 2015.
Six Polish banks have come together to develop a local standard for mobile payments
2013.07.04
As many as 16 million bank customers will use a uniform standard when making mobile phone payments. Alior Bank, Bank Millennium, Bank Zachodni WBK, BRE Bank, ING Bank Śląski and PKO Bank Polski agreed to a strategic cooperation in the development of a common standard for...
PKO Bank Polski takes over assets from the Nordic financial group Nordea Bank AB in Poland
2013.06.12
An agreement signed on 12th June 2013 states that PKO Bank Polski has agreed to acquire Nordea Bank Polska, Nordea Finance, Nordea Polska TUnŻ and a Polish blue-chip corporate loans portfolio for a total considertion of PLN 2,830 m. The transaction is subject to approval...
“PKO Bank Polski. The Best Everyday”, the strategy for the years 2013-2015
2013.04.03
The main strategic objectives of PKO Bank Polski for the next three years include: robust return on invested capital, above 15%; sustainable shareholder value growth; maintaining high cost efficiency, with C/I below 45%; significant reduction of the cost of risk, down to...
INNOVATIVE FUNDING OF RENEWABLE ENERGY
2012.11.08
PKO Bank Polski co-finances the project of two separate on-shore wind farms located in northern Poland, in Tychowo and Kukinia.The agreement, provides a credit facility in the consortium with EBRD to the company Megawatt OMS which implements the investment.This project i...
2012.11.08
PKO BANK POLSKI CONFIRMS HIGH LEVEL OF ITS CAPITAL ADEQUACY RATIO
2012.10.03
PKO Bank Polski successfully passed the capital adequacy exercise conducted by European Banking Authority (EBA) in close cooperation with Polish Financial Supervision Authority (KNF).
Eurobond issue tranche denominated in Swiss Francs awarded high ratings
2012.09.04
Standard and Poor’s and Moody’s assigned high credit ratings to the CHF 500 million bond tranche PKO Bank Polski issued in August of this year: A- and A2 respectively.