Created by Anna Mileiko 
Bank Polska Kasa Opieki Spółka Akcyjna (Bank Pekao) was established in 1929 pursuant to the decision of the Ministry of the Treasury. In 1999 Bank Pekao joined UniCredit Group (Italy), a pan-European financial group. In 2017 Bank Pekao was acquired from UniCredit Group by Powszechny Zakład Ubezpieczeń and the Polish Development Fund. Bank Pekao operates in Poland as a universal bank, providing a full range of retail, private and business banking products and services to private individuals, SMEs and corporate clients.
In 2014, Pekao Bank Hipoteczny S.A. achieved the position of 2nd largest bank in Poland with a market share of 10.87%; its total assets grew by 5.74%.
Additionally, the bank became the 2nd profitable bank in relation to its total assets showcasing 1.66% return on assets and 11.42% return on equity in 2014.
Also the lender held the 6th position regarging its loans-to-deposits (L/D) registering 100.10% L/D ratio in 2014.
Deposits up to 100,000 EUR are covered by Polish deposit guarantee scheme in Pekao Bank Hipoteczny S.A.
Pekao Bank Hipoteczny S.A. ranks as the 2nd largest bank in Poland by total assets. In 2014 its total assets were 167.63 bln PLN, representing a 10.87% market share. In 2014 the bank's net income was 2,715.00 mln PLN. As of 2014, the bank employed 18,765 people.
Pekao Bank Hipoteczny S.A. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality).
Bank Guarantee Fund (BGF)Pekao Bank Hipoteczny S.A. protects deposits up to up to 100,000 EUR per depositor through Poland's deposit guarantee scheme. The scheme applies to deposits in all the accounts made by natural persons, legal entities. The bank participates in the Bank Guarantee Fund (BGF), making regular contributions into it.
ul. Skierniewicka 10a, 02-675, Warszawa, Poland
+48 22 208-21-60
+48 22 208-21-88Pekao Bank Hipoteczny S.A. is headquartered in Warszawa.
Pekao Bank Hipoteczny S.A. is authorized and supervised by the Polish Financial Supervision Authority.
