Any bank can be identified for different purposes and hence can have several different identifiers.
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.
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 (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.
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.
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Credit ratings assigned to Bank BPH as of December 2014 are shown in details in the following sections.
Long-term rating is for Bank BPH it is set to Baa3 (lower medium grade). Long-term bank deposit rating is not assigned. Bank financial strength rating is D (modest intrinsic financial strength). Short-term rating is not assigned.
Outlook for the ratings of Bank BPH is set to ratings under review (an issuer has one or more ratings under review, and thus overrides the outlook designation).
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 BPH failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
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.
In 2013 total assets of Bank BPH were 7 944.54 mln EUR. Decline compared to the previous period (2012) was -5.96%. The evolution of the total assets of Bank BPH is shown at Chart 1 below.
Recent changes in total assets of Bank BPH and its main components are shown in Table 1.
Recent changes in total liabilities of Bank BPH and its main components are shown in Table 2.
Profit and Loss
In 2013 net income of Bank BPH was 46.67 mln EUR. Decline compared to the previous period (2012) was -23.72%. The evolution of the net income of Bank BPH is shown at Chart 2 below.
Related Information on Poland