Bank BGŻ BNP Paribas S.A. (formerly Bank Gospodarki Zywnosciowej SA)

Contacts 
    Address  01-211, Poland, Warszawa, ul. Kasprzaka 10/16
    Phone  +48 22 860-42-60
    Fax  +48 22 860-58-61
    Website  www.bgz.pl
Member of Group  BNP Paribas (France)
Bank Identifiers 
    BIC (SWIFT)  GOPZPLPWXXX
    MFI ID  PL00203
    Bank Sort Code  20300003
Credit Ratings (as of Dec 2014) 
    Fitch  - (not rated)
    Moody's  Baa3 (lower medium grade)
    S&P's  - (not rated)
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)
Start Date  July 1975
Number of Employees (2013)  5 586 ↓ (-0.90%)
Financial Positions 
    Total Assets (2013)  35 777.00 mln PLN ↓ (-3.82%)
    Total Equity (2013)  3 509.00 mln PLN ↑ (+1.04%)
Profit and Loss 
    Net Income (2013)  160.00 mln PLN ↑ (+23.08%)

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

BIC  GOPZPLPWXXX
Bank BIC Code  GOPZ
Country Code  PL (Poland)
Location Code  PW
Branch Code  XXX

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).


MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  PL00203

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.


Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

Bank Sort Code  20300003

Credit Ratings

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Of the 'Big Three' rating agencies, Bank BGŻ BNP Paribas S.A. is rated by Moody's.

Credit ratings assigned to Bank BGŻ BNP Paribas S.A. as of December 2014 are shown in details in the following sections.

Moody's

Long-term rating is for Bank BGŻ BNP Paribas S.A. it is set to Baa3 (lower medium grade). Long-term bank deposit rating is Baa3 (lower medium grade). Bank financial strength rating is D (modest intrinsic financial strength). Short-term rating is not assigned.

Long-Term Rating  Baa3
Long-Term Bank Deposit Rating  Baa3
Bank Financial Strength Rating  D
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Bank BGŻ BNP Paribas S.A. is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Poland are obliged to participate in Polish deposit guarantee scheme.

In the case of Bank BGŻ BNP Paribas S.A. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  deposits in all the accounts (e.g. term deposits, current accounts, savings accounts)
Maximum Protected Amount  100 000 EUR
Paid In Currency  PLN

Further Information: Deposit Guarantee Scheme in Poland

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  No
Exempt from MRR by ECB  No

Financial Positions

In 2013 total assets of Bank BGŻ BNP Paribas S.A. were 35 777.00 mln PLN. Decline compared to the previous period (2012) was -3.82%. The evolution of the total assets of Bank BGŻ BNP Paribas S.A. is shown at Chart 1 below.

Total Assets of Bank BGŻ BNP Paribas S.A..
Chart 1. Total Assets of Bank BGŻ BNP Paribas S.A..

Recent changes in total assets of Bank BGŻ BNP Paribas S.A. and its main components are shown in Table 1.

2012 2013 % Change
Loans 27 394.0 27 514.0 +0.44% ↑
Total Assets 37 197.0 35 777.0 -3.82% ↓
Table 1. Recent changes in total assets of Bank BGŻ BNP Paribas S.A. (mln PLN).

Recent changes in total liabilities of Bank BGŻ BNP Paribas S.A. and its main components are shown in Table 2.

2012 2013 % Change
Deposits 26 942.0 26 493.0 -1.67% ↓
Total Liabilities 37 197.0 35 777.0 -3.82% ↓
Table 2. Recent changes in total liabilities of Bank BGŻ BNP Paribas S.A. (mln PLN).

Profit and Loss

In 2013 net income of Bank BGŻ BNP Paribas S.A. was 160.00 mln PLN. Growth compared to the previous period (2012) was 23.08%. The evolution of the net income of Bank BGŻ BNP Paribas S.A. is shown at Chart 2 below.

Net Income of Bank BGŻ BNP Paribas S.A..
Chart 2. Net Income of Bank BGŻ BNP Paribas S.A..

Related Information on Poland

Economy and Banking Sector of Poland

List of Banks in Poland

Share on Google+