Bank Pekao (UniCredit)

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.

Contacts 
    Address  ul. Wołoska 18, 02-675, Warszawa, Poland
    Phone  +48 22 208-21-60
    Fax  +48 22 208-21-88
    Website  http://www.pekao.com.pl/
Member of Group   UniCredit (Italy)
Start Date  December 1995
Financial Positions
    Total Assets (2014)  167.63 bln PLN ↑ (+5.74%)
    Total Equity (2014)  24 046.00 mln PLN ↑ (+2.26%)
Profit and Loss
    Net Income (2014)  2 715.00 mln PLN ↓ (-2.51%)
Number of Employees (2014)  18 765 ↓ (-0.80%)
Credit Ratings (as of Apr 2016)
    Fitch  A- (high credit quality)
    Moody's  - (not rated)
    S&P's  - (not rated)
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)
Bank Identifiers
    BIC (SWIFT)  HYVEPLP2XXX
    MFI ID  PL00189
    Bank Sort Code  18900002
European Presence  2 banks in 1 countries

Financial Positions

In 2014 total assets of Bank Pekao (UniCredit) were 167.63 bln PLN. Growth compared to the previous period (2013) was 5.74%. The evolution of the total assets of Bank Pekao (UniCredit) is shown at Chart 1 below.

Total Assets of Bank Pekao (UniCredit).
Chart 1. Total Assets of Bank Pekao (UniCredit).

Recent changes in total assets of Bank Pekao (UniCredit) and its main components are shown in Table 1.

2013 2014 % change
Loans 109.1 120.8 +10.63% ↑
Total Assets 158.5 167.6 +5.74% ↑
Table 1. Recent changes in total assets of Bank Pekao (UniCredit) (bln PLN).

Recent changes in total liabilities of Bank Pekao (UniCredit) and its main components are shown in Table 2.

2013 2014 % change
Deposits 116.1 120.6 +3.88% ↑
Total Liabilities 158.5 167.6 +5.74% ↑
Table 2. Recent changes in total liabilities of Bank Pekao (UniCredit) (bln PLN).

Profit and Loss

In 2014 net income of Bank Pekao (UniCredit) was 2 715.00 mln PLN. Decline compared to the previous period (2013) was -2.51%. The evolution of the net income of Bank Pekao (UniCredit) is shown at Chart 2 below.

Net Income of Bank Pekao (UniCredit).
Chart 2. Net Income of Bank Pekao (UniCredit).

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 Pekao (UniCredit) is rated by Fitch.

Credit ratings assigned to Bank Pekao (UniCredit) as of April 2016 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 Bank Pekao (UniCredit) it is set to A- (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Bank Pekao (UniCredit) is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  A-
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  -
Support Rating  1
Support Rating Floor  -

Viability rating for Bank Pekao (UniCredit) is not set support rating is 1 (extremely high probability of external support); support rating floor is not set.

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 Pekao (UniCredit) 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: 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

Bank Identifiers

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

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 Pekao (UniCredit) and its components are shown in the table below.

BIC  HYVEPLP2XXX
Bank BIC Code  HYVE
Country Code  PL (Poland)
Location Code  P2
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 Pekao (UniCredit) is shown in the table below.

MFI ID  PL00189

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  18900002

European Presence

This bank operates in the following European countries and selected dependent territories of the European countries:

Poland

Related Information on Poland

  Economy and Banking Sector of Poland

  List of Banks in Poland

Compare Banking Products

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 Time Deposit Accounts in Poland


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Country Information

  Economy and Banking Sector of Poland

  List of Banks in Poland


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