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Bank PKO BP upgrades Poland's GDP growth forecast for 2020

Kalbar/TFN

Poland's largest lender by assets, PKO BP, has maintained the forecast of Poland's economic growth at 4.6 pct in 2019 and slightly raised its forecast for next year to 3.7 percent, PKO BP's chief economist, Piotr Bujak, said on Thursday.

Archaeologists uncover secrets of 18th century city on banks of the river Nile

In addition to remains of 18th century housing, the archaeologists discovered that the inhabitants of the city were probably heavy smokers as they found a few pipes in every house.

PKO overtakes banking giant Deutsche in historic stock market valuation

While the trend across Europe is that banks’ share prices are in decline, PKO BP is bucking the trend.  PKO BP, has overtaken the stock market valuation of Germany’s long-time leader Deutsche Bank, in a move that is being seen as an historic moment for the Polish economy.

Poles use 41.2 mln payment cards

Poles had 41.2 million payment cards at the end of 2018, up by 817,000 from the third quarter of 2018, the National Bank of Poland (NBP) reported on Monday.

PKO bank celebrates centenary

One hundred years ago, on February 7 1919, a decree signed by Poland's inter-war strongman Józef Piłsudski founded the Postal Savings Bank, best known today under its abbreviated name PKO.

PKO BP, Pekao in top three most resilient European banks

The results of an EU-wide stress test of 48 banks shows that Polish bank PKO BP is the most resilient to a common set of adverse economic developments. Bank Pekao also came in the top three of the tests conducted by the European Banking Authority (EBA).

Central bank: over 40 mln payment cards in Poland

The number of payment cards in Poland at the end of the second quarter of 2018 grew to 40.2 million, 685,000 more than at the end of the first quarter, the National Bank of Poland (NBP) reported on Monday.

Chief task is to attract new investors - Polish bank official

Jakub Papierski, vice-president of PKO Bank Polski (PKO BP) board, said in New York that the main goal facing his bank, after Poland had been reclassified by the FTSE Russell agency to "developed market", is to gain new investors.

Red logo day: Santander changes WBK colours to ‘Spanish Red’

Santander Bank Polska says that despite the change of name and logo all agreements remain in force and customers won’t need to sign any additional amendments.

Polish banks see surge in foreign customers

With Polish portals offering comparisons of the best bank accounts for non-residents, foreigners working in the country can make an informed choice.

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‘One of Kraków’s greatest glories is a dog statue’, says Webber’s World

VIDEO: With the recent anniversary marking the ceremonial unveiling of a statue to the memory of a dog described as ‘the most faithful of the faithful’, Webber’s World dives into the moving tale of Dżok the dog.

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Warsaw’s secret war against Moscow’s spies: Poland’s intelligence services have gone into overdrive to combat Putin’s covert assault

The arrest last week of a ‘dangerous’ spy network in Poland is the latest in the country’s secret war against Russian intelligence since Putin’s troops attacked Ukraine.

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