Santander Bank Polska S.A. (formerly Bank Zachodni WBK SA)

Bank Zachodni WBK was established in 2001 as a result of the merger between Bank Zachodni S.A. and Wielkopolski Bank Kredytowy S.A. (WBK). Since 2011 Bank Zachodni WBK is a member of Santander Group. While specializing in retail banking for individuals and business customers, Bank Zachodni WBK also offers brokerage services, asset and investment fund management, leasing and factoring.

Services

Retail Banking
Corporate Banking
Online Brokerage
Wealth Management

Products

Financials

Total Assets (2017)
36 567.00 mln PLN  (-75.64%)
Net Income (2017)
520.00 mln PLN  (-76.00%)
Number of Employees (2017)
14 200  (-3.55%)

In 2017 total assets of Santander Bank Polska S.A. were 36 567,00 mln PLN. In 2017 the bank's net income was 520,00 mln PLN. Santander Bank Polska S.A. had 14 200 employees in 2017.

Santander Bank Polska S.A. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB+ (good credit quality). Long-term credit rating assigned to the bank by Moody's is A3 (upper medium grade).

Santander Bank Polska S.A. participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 Santander (Spain)

Santander Bank Polska S.A. is a member of Santander (Spain).

Contacts

Al. Jana Pawła II 17, 50-950, Warszawa, Poland
+48 71 370-10-00
+48 71 370-27-87

Santander Bank Polska S.A. is headquartered in Warszawa.

Bank Identifiers

BIC (SWIFT)
WBKPPLPPXXX
MFI ID
PL00109
Bank Sort Code
10900004
Start Date
January 1989

Business Summary

Services
retail banking
corporate banking
online brokerage
wealth management
Products
current accounts
debit cards
credit cards
savings accounts
time deposit accounts
investment funds
consumer loans
mortgage loans
leasing
factoring

Santander Bank Polska S.A. provides products and services in the areas of retail banking, corporate banking, online brokerage, wealth management. The range of products offered by Santander Bank Polska S.A. includes current accounts, debit cards, credit cards, savings accounts, time deposit accounts, investment funds, consumer loans, mortgage loans, leasing, factoring.

Products

Current Accounts

Current accounts are non-interest bearing deposit accounts that are used to perform day-to-day banking transactions. Current accounts are often offered with a payment card (a debit card and/or a credit card) and may also include overdraft possibility. Annual costs of having a current account (also known as account management fees) can depend on monthly income input to the account or amount of money deposited into the account.

Current accounts made with Santander Bank Polska S.A. are covered by deposit guarantee scheme of Poland up to 100 000 EUR per depositor. The following current accounts are offered by Santander Bank Polska S.A..

Updated on 10 December 2018

Konto Godne Polecenia
Sales Region
Poland
Account Currency
PLN
Annual Costs (PLN)
0.00
Overdraft Rate (p.a.)
10.00 %
Current Account Details
Product Name
Konto Godne Polecenia
Account Currency
PLN
Annual Costs
0.00 PLN
Interest Rate (p.a.)
0.00 %
Overdraft Rate (p.a.)
10.00 %
Debit Card
Debit Card Costs (p.a.)
0.00 PLN
Credit Card
Credit Card Costs (p.a.)
84.00 PLN
Online Banking
Telephone Banking
Branch Banking
Mobile Banking
Indexed TAN (iTAN)
pushTAN
photoTAN
Mobile TAN (mTAN)
chipTAN

Poland: This product is offered to Polish residents only. When clicking on the product link you will be redirected to the product page in Polish.

See Also

Financial Positions

Total Assets (2017)
36 567.00 mln PLN  (-75.64%)
Total Equity (2017)
5 591.00 mln PLN  (-73.40%)

In 2017 total assets of Santander Bank Polska S.A. were 36 567.00 mln PLN. Decline compared to the previous period (2016) was -75.64%. The evolution of the total assets of Santander Bank Polska S.A. is shown at Chart 1 below.

Total Assets of Santander Bank Polska S.A..

Chart 1. Total Assets of Santander Bank Polska S.A..

Recent changes in total assets of Santander Bank Polska S.A. and its main components are shown in Table 1.

2016 2017 % change
Loans 107 947.0 26 989.0 -75.00%
Total Assets 150 100.0 36 567.0 -75.64%
Table 1. Recent changes in total assets of Santander Bank Polska S.A. (mln PLN).

Recent changes in total liabilities of Santander Bank Polska S.A. and its main components are shown in Table 2.

2016 2017 % change
Deposits 112 522.0 26 701.0 -76.27%
Total Liabilities 150 100.0 36 567.0 -75.64%
Table 2. Recent changes in total liabilities of Santander Bank Polska S.A. (mln PLN).

Profit and Loss

Net Income (2017)
520.00 mln PLN  (-76.00%)

In 2017 net income of Santander Bank Polska S.A. was 520.00 mln PLN. Decline compared to the previous period (2016) was -76.00%. The evolution of the net income of Santander Bank Polska S.A. is shown at Chart 2 below.

Net Income of Santander Bank Polska S.A..

Chart 2. Net Income of Santander Bank Polska S.A..

Number of Employees

Number of Employees (2017)
14 200  (-3.55%)

In 2017 there were 14 200 employees of Santander Bank Polska S.A.. Decline compared to the previous period (2016) was -3.55%. The evolution of the number of employees of Santander Bank Polska S.A. is shown at Chart 3 below.

Number of Employees of Santander Bank Polska S.A..

Chart 3. Number of Employees of Santander Bank Polska S.A..

Credit Ratings (as of May 2018)

Fitch Moody's
BBB+ (good credit quality) A3 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Santander Bank Polska S.A. is rated by Fitch and Moody's.

Credit ratings assigned to Santander Bank Polska S.A. as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Santander Bank Polska S.A. it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Santander Bank Polska S.A. is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb+
Support Rating  2
Support Rating Floor  WD

Viability rating for Santander Bank Polska S.A. is set to bbb+ (good fundamental credit quality); support rating is 2 (high probability of external support); support rating floor is WD (withdrawn).

Moody's

Long-term rating for Santander Bank Polska S.A. it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Baseline credit assessment is baa3. Short-term rating is not assigned.

Long-Term Rating  A3
Long-Term Bank Deposit Rating  A3
Baseline Credit Assessment  baa3
Short-Term Rating  -
Outlook  positive

Outlook for the ratings of Santander Bank Polska S.A. is set to positive (may be raised).

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 Santander Bank Polska 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)
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 Santander Bank Polska S.A. and its components are shown in the table below.

BIC  WBKPPLPPXXX
Bank BIC Code  WBKP
Country Code  PL (Poland)
Location Code  PP
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 Santander Bank Polska S.A. is shown in the table below.

MFI ID  PL00109

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  10900004