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PKO Bank Polski

Retail sales likely to slow down says PKO BP bank

Darek Delmanowicz/PAP

PKO BP, Poland’s biggest lender, has warned that the current rate of increases in retail sales is “unsustainable.”

Gov't anti-inflation scheme will cost Poland 1.2 pct of GDP - PKO BP

The total cost of the so-called anti-inflation shield launched by the Polish government to fight rising prices will carry a cost equal to 1.2 percent of Poland's 2022 GDP, the PKO BP bank has estimated.

CEO of Poland's largest bank resigns

The resignation of the PKO BP CEO will take effect on June 7.

Polish bank joins European Payments Initiative

PKO Bank Polski has joined the European Payments Initiative, an alliance of banks aiming is to create a unified payment solution for consumers and traders across Europe, the bank has announced in a press release.

Polish leasing company allocates EUR 111 mln for COVID-19-hit businesses

PKO Leasing, owned by the PKO Bank Polski Group, is to provide small and medium-sized Polish companies affected by the coronavirus-related crisis with EUR 111 million (PLN 500 million) worth of leases, PKO Leasing has told PAP.

Poland's largest bank PKO BP launches car-buying app

Poland's state-owned PKO BP bank launched the "Automarket" app for purchasing brand new and used vehicles, integrated with the bank's electronic channels, the company said in a press release on Thursday.

Polish banking group books record profit

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.

Laughing all the way to the bank! Polish banks dominate CEE top bank ratings

Four of the top five banks and five of the top ten are Polish, with PKO Bank Polski leading the way, just ahead of Bank Pekao and Bank Gospodarstwa Krajowego (State Development Bank).

PKO bank KOs competition in Europe-wide stress battle

Stress tests were conducted on a sample of 48 banks from the European Union and Norway, covering approximately 70 percent of assets of the European banking sector. PKO Bank Polski, which came first, was audited directly by the EBA.

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.

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Top 5 articles:

  • The systematic massacre of all children under 10 will forever be a stain on humanity, says TFN’s Stuart Dowell
  • Over 100,000 slaughtered with axes, pitchforks, scythes and knives: The Wołyń massacre started 76 years ago today and lasted for two years
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  • It’s official! Kraków is the best place in Europe for food, says European Academy of Gastronomy
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Life

Teen sparks national mania after spotted reading book instead of smartphone while selling raspberries

The 13-year-old called Samuel charmed the country after being photographed on the high street in Gniezno which quickly went viral creating a wave of ‘Samuel-mania’.

The first report:

  • Poland accepts nearly 5.5 mln refugees since war in Ukraine started
  • Dead fish discovered in another Polish river
  • Poles win silver medal at 2022 European Rowing Championships event
  • Polish, German tests of Odra samples show same results says minister
  • PM fires officials for poor response to Odra river crisis

Exclusive

Four tonnes of Nazi gold found in buried 18th century palace canister, say WWII treasure hunters

Measuring between 1.3 to 1.5 metres long and 50cm in depth, the cylindrical metal canister was found in the conservatory of an 18th century palace used by Hitler’s SS as a brothel.

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