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.
|Address||ul. Wołoska 18, 02-675, Warszawa, Poland|
|Phone||+48 22 208-21-60|
|Fax||+48 22 208-21-88|
|Member of Group||UniCredit (Italy)|
|Start Date||December 1995|
|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 Sort Code||18900002|
|European Presence||2 banks in 1 countries|
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.
Recent changes in total assets of Bank Pekao (UniCredit) and its main components are shown in Table 1.
|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.
|Table 2. Recent changes in total liabilities of Bank Pekao (UniCredit) (bln PLN).|
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.
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.
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-|
|Short-Term Issuer Default Rating||F2|
|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 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)|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||PLN|
Further Information: Deposit Guarantee Scheme in Poland
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|
Any bank can be identified for different purposes and hence can have several different identifiers.
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.
|Bank BIC Code||HYVE|
|Country Code||PL (Poland)|
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.
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|