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Economy and Banking Sector of Poland

Major Banks of Poland

Powszechna Kasa Oszczędności Bank Polski S.A.

Founded in 1919, PKO Bank Polski (Powszechna Kasa Oszczędności Bank Polski, eng: Polish Universal Savings Bank) is now one of the largest banks in Poland. PKO Bank Polski provides a broad range of products and services in the areas of retail, corporate and investment banking to private individuals and companies.

Services
Retail Banking
Corporate Banking
Investment Banking

Products

In 2017 total assets of Powszechna Kasa Oszczędności Bank Polski S.A. were 71 113,00 mln PLN. In 2017 the bank's net income was 729,00 mln PLN.

Powszechna Kasa Oszczędności Bank Polski S.A. is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade). Powszechna Kasa Oszczędności Bank Polski S.A. participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

Pekao Bank Hipoteczny S.A.

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.

In 2014 total assets of Pekao Bank Hipoteczny S.A. were 167,63 bln PLN. In 2014 the bank's net income was 2 715,00 mln PLN.

Pekao Bank Hipoteczny S.A. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Pekao Bank Hipoteczny S.A. participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

mBank S.A.

Established in 2000 as BRE Bank, the bank was rebranded to mBank in 2013. Today mBank is one of the largest Polish banks, operating as a universal bank and serving all client groups. mBank provides a comprehensive range of products and services in retail, business, corporate and private banking.

Services
Retail Banking
Private Banking
Corporate Banking
Insurance

Products

In 2017 total assets of mBank S.A. were 31 477,00 mln PLN. In 2017 the bank's net income was 256,00 mln PLN.

mBank 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 Baa1 (lower medium grade). mBank S.A. participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

ING Bank Śląski S.A.

In June 2001 ING Bank became a major shareholder of Bank Slaski and from September 6, 2001 Bank Slaski, a member of the ING Group, started operating under a new name ING Bank Slaski SA. ING Bank Slaski is a universal bank, offering individual and corporate customers a broad range of retail, corporate and private banking products and services.

Services
Retail Banking
Private Banking
Corporate Banking

Products

In 2017 total assets of ING Bank Śląski S.A. were 30 181,00 mln PLN. In 2017 the bank's net income was 330,00 mln PLN.

ING Bank Śląski S.A. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A (high credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade). ING Bank Śląski S.A. participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

Santander Bank Polska S.A.

Santander Bank Polska (formerly 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). In 2011 Bank Zachodni WBK became a member of Santander Group. Santander Bank Polska SA offers financial solutions for individuals, micro, small and medium enterprises as well as Polish and international corporations.

Services
Retail Banking
Corporate Banking
Online Brokerage
Wealth Management

Products

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. 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.

Raiffeisen Polbank

Raiffeisen Bank Poland, present on the market under the name Raiffeisen Polbank, started its operations in 1991 as one of the first financial institutions with foreign capital appeared in Poland. In 2012 after the merger with Polbank EFG, Raiffeisen Polbank became one of the largest banks in Poland. Raiffeisen Polbank is a universal bank offering retail and corporate banking products and services to individuals, small- and medium-sized enterprises and corporations.

On 9 February 2015 Raiffeisen Bank International announced sale of its operations in Poland and Slovenia, as well as the direct banking unit Zuno. The measures are intended to facilitate an improvement in the CET1 ratio to 12% by end-2017, compared to 10% at end-2014.

In April 2019, Raiffeisen Polbank was acquired by BNP Paribas Bank Polska.

Services
Retail Banking
Private Banking
Corporate Banking

Products

Raiffeisen Polbank participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

Bank Millennium S.A.

Founded in 1989 as Bank Inicjatyw Gospodarczych BIG SA, the bank has been a member of Millennium Group (Portugal) since 2003 and operating as Bank Millenium. Bank Millenium is a nationwide universal bank offering its products and services through indirect (chain of branches) and direct channels (the Internet, phone and mobile) to private customers, to self-employed professionals, small- and medium-sized enterprises and large companies.

Services
Retail Banking
Private Banking
Corporate Banking
Insurance

Products

In 2017 total assets of Bank Millennium S.A. were 17 039,00 mln PLN. In 2017 the bank's net income was 160,00 mln PLN.

Bank Millennium 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 Baa3 (lower medium grade). Bank Millennium S.A. participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

Bank Handlowy w Warszawie S.A.

Citibank Handlowy was established in March 2001 as a result of the merger between Citibank (Poland) SA and Bank Handlowy w Warszawie SA. Today Citibank Handlowy is one of the largest banks in Poland, offering a broad range of modern corporate, investment and retail banking products and services as well as securities brokerage, transaction services, and wealth management.

Services
Retail Banking
Corporate Banking
Investment Banking
Online Brokerage
Wealth Management

Products

In 2017 total assets of Bank Handlowy w Warszawie S.A. were 10 308,00 mln PLN. In 2017 the bank's net income was 126,00 mln PLN.

Bank Handlowy w Warszawie S.A. is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A- (high credit quality). Bank Handlowy w Warszawie S.A. participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

Santander Consumer Bank S.A.

Santander Consumer Bank S.A., a member of Santander Group (Spain), is a provider of financial services in retail banking. The head bank of the group, Banco Santander, based in Madrid is mainly active in retail banking and in addition in global wholesale banking, cards, asset management and insurance business.

Services
Retail Banking

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

Bank BPH

Founded in 1989, Bank Przemysłowo-Handlowy (Bank BPH, eng - Industrial and Commercial Bank) is since 2008 a member of GE Capital group. Bank BPH offers banking products and services to individuals, small and medium-sized enterprises and corporations. The product range includes current accounts, savings accounts, deposit accounts and investment products, consumer loans and mortgages, credit cards. The bank also offers online brokerage and insurance services. Bank BPH delivers its products via a network of more than 400 branches, partner outlets and online banking and telephone.

Services
Retail Banking
Corporate Banking
Online Brokerage
Insurance

Products

In 2015 total assets of Bank BPH were 31 601,00 mln PLN. In 2015 the bank's net income was -1 072,00 mln PLN.

Bank BPH participates in deposit guarantee scheme of Poland. This scheme covers accounts up to 100,000 EUR per bank per depositor.

See Also