Solid Financial Results of PKO Bank Polski in Q1 2016
2016.05.11
Despite increasingly demanding conditions of business and additional charges for the banking sector, the consolidated net profit of the PKO Bank Polski Group was PLN 639 million in Q1 2016; it was stable year on year and increased by 43.7 percent quarter on quarter. The ...
Solid business results from implementation of the strategy despite difficult market environment
2016.03.08
The Bank implemented the vast majority of the objectives of the strategy 2013 – 2015 „PKO Bank Polski. Every Day the Best”. In the last three years PKO Bank Polski developed dynamically organically and through acquisitions – assets grew by nearly PLN 72 bn, the cost of r...
Strong growth of results driven by rising revenues and synergies from the integration with Nordea
2015.11.09
Growing revenues, falling operating expenses, achieved synergies from the integration with Nordea, and improvement in loan loss provisions ensured a solid growth of results in Q3 2015. The leading market position was maintained, coupled with strong new sales of consumer ...
Good growth and consolidation of the leader position despite difficult market conditions
2015.08.12
In the IIQ 2015, the PKO Bank Polski Group generated a net profit of PLN 703 million, which represents an increase of 8.6% q/q. The Bank strengthened its leading position in the deposit market throughout the IH 2015. Thanks to the high level of new cash loans, SME and co...
Operational Merger Successfully Completed, Solid Results and Further Improved Loan Portfolio Quality
2015.05.13
The PKO Bank Polski Group generated a net profit of PLN 647.2 million in the Q1 2015 and the assets exceeded a quarter of a trillion of Polish złoty for the first time in the history of the Polish banking sector. Effectiveness remains high with ROE at 11.5 percent and RO...
Better Results, High Effectiveness, Improved Loan Portfolio Quality
2015.03.17
The PKO Bank Polski Group generated a profit of PLN 3.25 bn in 2014. Consequently, one of Poland’s biggest banking groups improved its results year on year. Compared to its peers, the PKO Group stood out with high effectiveness and clearly improved its loan portfolio qua...
Robust profit growth and high efficiency
2014.11.06
In the third quarter of 2014, PKO Bank Polski Group generated net profit of 873,4 million zł, 16.1 percent more y/y and 2.1 percent more than in the previous quarter. Net interest income increased by 21.6 percent y/y and by 2 percent q/q, reaching the amount of 1,979 mil...
Dynamic growth in profits and scale of operations
2014.09.01
In the second quarter of 2014 the PKO Bank Polski Group delivered net profit of PLN 855.6 million, a 6.6 per cent. gain over the previous quarter. It is the first period in which the consolidated results incorporate those of the recently acquired Nordea group companies, ...
Stable financial results in the first quarter of 2014
2014.05.15
Increased net profit on the year, improved credit portfolio quality, reduced costs of risk and continued cost discipline as well as high efficiency ratio: in the first quarter of 2014, PKO Bank Polski posted solid financial results accompanied by taking over Nordea’s Pol...
2013 – The year of expansion and dynamic business development
2014.03.11
In 2013, PKO Bank Polski Capital Group posted a solid financial result of PLN 3.2 billion. The net profit for the fourth quarter amounted to PLN 938 million, which means 25 per cent quarterly growth. Both loan and deposit volumes increased. The Bank serves over 8 million...