Bank Polska Kasa Opieki SA

Bank Polska Kasa Opieki Spółka Akcyjna (Bank Pekao) is a Polish universal bank, providing a full range of retail, private and corporate banking products and services to private individuals, SMEs and corporate clients.

Financials

Total Assets (2017)
44 420.00 mln PLN  (-74.50%)
Net Income (2017)
582.00 mln PLN  (-74.46%)
Number of Employees (2017)
17 339  (-2.35%)

In 2017 total assets of Bank Polska Kasa Opieki SA were 44 420,00 mln PLN. In 2017 the bank's net income was 582,00 mln PLN. Bank Polska Kasa Opieki SA had 17 339 employees in 2017.

Bank Polska Kasa Opieki SA is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Bank Polska Kasa Opieki SA participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 UniCredit (Italy)

Contacts

ul.Grzybowska 53/57, 00-950, Warszawa, Poland
+48 22 656-00-00
+48 22 656-02-03

Bank Polska Kasa Opieki SA is headquartered in Warszawa.

Bank Identifiers

BIC (SWIFT)
PKOPPLPWXXX
MFI ID
PL00124
Bank Sort Code
12400001
Start Date
January 1929

Financial Positions

Total Assets (2017)
44 420.00 mln PLN  (-74.50%)
Total Equity (2017)
5 573.00 mln PLN  (-75.68%)

In 2017 total assets of Bank Polska Kasa Opieki SA were 44 420.00 mln PLN. Decline compared to the previous period (2016) was -74.50%. The evolution of the total assets of Bank Polska Kasa Opieki SA is shown at Chart 1 below.

Total Assets of Bank Polska Kasa Opieki SA.

Chart 1. Total Assets of Bank Polska Kasa Opieki SA.

Recent changes in total assets of Bank Polska Kasa Opieki SA and its main components are shown in Table 1.

2016 2017 % change
Loans 128 373.0 33 012.0 -74.28%
Total Assets 174 215.0 44 420.0 -74.50%
Table 1. Recent changes in total assets of Bank Polska Kasa Opieki SA (mln PLN).

Recent changes in total liabilities of Bank Polska Kasa Opieki SA and its main components are shown in Table 2.

2016 2017 % change
Deposits 136 380.0 34 824.0 -74.47%
Total Liabilities 174 215.0 44 420.0 -74.50%
Table 2. Recent changes in total liabilities of Bank Polska Kasa Opieki SA (mln PLN).

Profit and Loss

Net Income (2017)
582.00 mln PLN  (-74.46%)

In 2017 net income of Bank Polska Kasa Opieki SA was 582.00 mln PLN. Decline compared to the previous period (2016) was -74.46%. The evolution of the net income of Bank Polska Kasa Opieki SA is shown at Chart 2 below.

Net Income of Bank Polska Kasa Opieki SA.

Chart 2. Net Income of Bank Polska Kasa Opieki SA.

Number of Employees

Number of Employees (2017)
17 339  (-2.35%)

In 2017 there were 17 339 employees of Bank Polska Kasa Opieki SA. Decline compared to the previous period (2016) was -2.35%. The evolution of the number of employees of Bank Polska Kasa Opieki SA is shown at Chart 3 below.

Number of Employees of Bank Polska Kasa Opieki SA.

Chart 3. Number of Employees of Bank Polska Kasa Opieki SA.

Credit Ratings (as of May 2018)

Fitch Moody's
- (not rated) A2 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Bank Polska Kasa Opieki SA is rated by Moody's.

Credit ratings assigned to Bank Polska Kasa Opieki SA as of May 2018 are shown in details in the following sections.

Moody's

Long-term rating for Bank Polska Kasa Opieki SA it is set to A2 (upper medium grade). Long-term bank deposit rating is A2 (upper medium grade). Baseline credit assessment is baa1. Short-term rating is not assigned.

Long-Term Rating  A2
Long-Term Bank Deposit Rating  A2
Baseline Credit Assessment  baa1
Short-Term Rating  -
Outlook  stable

Outlook for the ratings of Bank Polska Kasa Opieki SA is set to stable (not likely to change).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

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 Polska Kasa Opieki SA 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)
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  PLN

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) 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).

BIC of Bank Polska Kasa Opieki SA and its components are shown in the table below.

BIC  PKOPPLPWXXX
Bank BIC Code  PKOP
Country Code  PL (Poland)
Location Code  PW
Branch Code  XXX

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.

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.

MFI ID of Bank Polska Kasa Opieki SA is shown in the table below.

MFI ID  PL00124

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  12400001

European Presence: 2 banks in 1 country

Bank Polska Kasa Opieki SA operates under the brand name Bank Pekao. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Poland

Defunct Banks: 1 bank in 1 country

The following banks operating under Bank Pekao brand name has been recently closed down:

France