|Address||ul. Puławska 15, 02-515, Warszawa, Poland|
|Products||savings accounts (2.25 - 2.25 %)|
|Total Assets (2015)||266.94 bln PLN (+7.33%)|
|Total Equity (2015)||30 265.00 mln PLN (+9.59%)|
|Profit and Loss|
|Net Income (2015)||2 610.00 mln PLN (-19.79%)|
|Number of Employees (2015)||29 220 (+12.70%)|
|Credit Ratings (as of Apr 2016)|
|Fitch||- (not rated)|
|Moody's||A2 (upper medium grade)|
|S&P's||BBB+ (adequate capacity to meet its financial commitments)|
|Deposit Guarantee||Yes (up to 100 000 EUR per depositor)|
|European Presence||3 banks in 2 countries|
Savings accounts are deposits accounts which allow to withdraw money at any time. PKO Bank Polski offers the following savings account products:
|Product||Interest Rate (p.a.)||Deposit Term (months)||Product Link|
|Lokata IKO [PL]||2.25 %||24 - 99999||View Product|
[PL] This product is offered to Polish residents only. When clicking on the product link you will be redirected to the product page in Polish.
In 2015 total assets of PKO Bank Polski were 266.94 bln PLN. Growth compared to the previous period (2014) was 7.33%. The evolution of the total assets of PKO Bank Polski is shown at Chart 1 below.
Recent changes in total assets of PKO Bank Polski and its main components are shown in Table 1.
|Table 1. Recent changes in total assets of PKO Bank Polski (bln PLN).|
Recent changes in total liabilities of PKO Bank Polski and its main components are shown in Table 2.
|Table 2. Recent changes in total liabilities of PKO Bank Polski (bln PLN).|
In 2015 net income of PKO Bank Polski was 2 610.00 mln PLN. Decline compared to the previous period (2014) was -19.79%. The evolution of the net income of PKO Bank Polski 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, PKO Bank Polski is rated by Moody's and Standard & Poor's.
Credit ratings assigned to PKO Bank Polski as of April 2016 are shown in details in the following sections.
Long-term rating for PKO Bank Polski it is set to A2 (upper medium grade). Long-term bank deposit rating is A2 (upper medium grade). Bank financial strength rating is baa2. Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||A2|
|Bank Financial Strength Rating||baa2|
Outlook for the ratings of PKO Bank Polski is set to stable (not likely to change).
Long-term foreign currency rating for PKO Bank Polski is set to BBB+ (adequate capacity to meet its financial commitments). Long-term local currency rating is set to BBB+ (adequate capacity to meet its financial commitments).
|Long-Term Foreign Currency Rating||BBB+|
|Outlook||negative (may be lowered)|
|Long-Term Local Currency Rating||BBB+|
|Outlook||negative (may be lowered)|
|Short-Term Foreign Currency Rating||A-2|
|Short-Term Local Currency Rating||A-2|
Short-term foreign currency rating for PKO Bank Polski is set to A-2 (satisfactory capacity to meet its financial commitments). Short-term local currency rating is set to A-2 (satisfactory capacity to meet its financial commitments).
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 PKO Bank Polski 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.
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 PKO Bank Polski is shown in the table below.