Launched just five years ago, BLIK now has around eight transactions every second which is set to increase dramatically following its partnership with Dutch payment provider Adyen.
PKO BP and mBank announce record profits as banks reap the rewards for ongoing modernization.
Poland's PKO BP Capital Group formed around Poland's biggest state-owned bank closed 2019 with profits at PLN 4,03 billion (EUR 950 million), the highest in the bank's history. PKO BP also raised its client pool to 10.9 million, including 4.2 million online users.
The new-look building comes packed full of the latest technology that sets it a million-miles apart from its predecessor.
Announced at the Digital Summit in Dortmund on 29th October, Bruno Le Maire, French Minister of Economy and Finance, said: “We want to establish a safe and sovereign European data infrastructure, including data warehouses, data pooling and develop data interoperability.”
Poland's flagship bank PKO BP posted PLN 2.08 billion (EUR 480 million) in net profit in the first half of 2019, 23 percent up year-on-year, the bank wrote in its half-year report, published on Tuesday.
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.
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.
Poland's economy could expand by as much 4.6 percent in 2019, rather than the 4.2 percent forecast before, analysts of Poland's largest lender by assets PKO BP wrote in their latest quarterly report.
We have completed the successive construction stage of a national cloud, we have launched services for the PKO Bank Polski and are ready to service further customers, PKO BP Vice-President and Supervisory Board head Adam Marciniak and National Cloud Operator CEO Michał Potoczek have informed PAP.