Powszechna Kasa Oszczždnožci Bank Polski Spółka Akcyjna or PKO Bank Polski S.A. (literally "Universal Savings Bank - Bank of Poland"), referred to as PKO BP or PKO for short, is a multinational banking and financial services company headquartered in Warsaw, Poland. It is one of the largest Financial Institution Groups in Poland and Central and Eastern Europe.
PKO BP serves both individual and corporate clients and its core business is Polish retail banking. As of 2018, it has 1,145 branches in Poland and abroad and a market capitalization of 5.20 billion Polish zloty, equivalent to 1.30 billion dollars.
HISTORY
In the 1930s, PKO was headquartered in the same building in Warsaw, on the street of Šwižtokrzyska
in 2015, used by the Polish Post
7 On 28/19, the Postal Savings Bank was established by order of the Head of State, Josef Piłsudski. On 31/33/1919, the first director, Hubert Linde, was appointed. During the period of the Second Polish Republic, Henrik Gruber, for many years served as the chairperson of PKO. Over time, a bank was headquartered in Warsaw, with its headquarters in ul.
Employees of these funds are associated with the Postal Savings Workers Association, which has its own wheels in larger branches, for example in Lodz, Warsaw.
During the German occupation of Poland, during the Second World War, Polish banks operated under German administration.
In 1945, cash register activity resumed. 1 year 1950 On 1974, the Postal Savings Fund was liquidated and its institutions were taken over by the General Bank of Savings (Polish: Powszechna Kasa Oszczždnožci). PKO proposed the addition of savings and settlement accounts (commonly referred to as RORs) for natural persons.
From 1975 to 1987, PKO branches operated within the structure of the National Bank of Poland, retaining their identity. 1 year 1987 PKO Polish Bank became an independent bank again as part of the economic reforms implemented by the Polish Communist government in its final years.
In 2019, they were announced as title sponsors of Ekstraklasa Poland.
In 2.2024 15, the bank fired seven of the five supervisory board members. Sixteen days later, 15.17 years, the bank's CEO Darius Szwed resigned and left the bank the following week. About Szymon Midera was appointed as acting CEO.
Operation
PKO Rotunda in, Warsaw
PKO building in Krakow, completed in 1925
PKO building in Lodz, formerly Rozki Bank Handlowy
KredoBank in Lviv, PKO's subsidiary in Ukraine
Today (as of the end of 2015) PKO Bank Polski employs around 29,000 people and generates a net profit of more than 700 million zlotys (over $200 million) for the year. Its assets are worth more than 28.50 billion zlotys (~ $8 billion). The bank was ranked 2010 in the 510 Forbes Global 2000. The bank also operates outside Poland, especially in Ukraine after the acquisition of KredoBank (Кредобанк). The company is headquartered in the center of Warsaw.
Due to its size and status as one of the first banks, PKO Bank Polski remains one of the most well-known and valuable brands in Poland. Experts from The Banker magazine estimate that the bank's brand value is $100 million, and in the Rzeczpospolita "Polish Brands 2010" ranking, it is worth 300 million zloty. In the 19-year edition of the "BrandFinance ® Top Banking 2011" ranking compiled by Brand Finance in the UK, which includes the most valuable banking brands in the world, the PKO Bank Polski brand is worth $50.01 billion. It makes PKO Bank Polski number one in Poland and Central and Eastern Europe, and 480th in the world.
