The Bank Capital Group is a leading financial institution in Central and Eastern Europe with its head office in Warsaw. PKO Bank Polski, the group's parent company, is a joint stock company listed on the Warsaw Stock Exchange since 2004. It is the largest commercial bank in Poland in terms of the value of assets and equity, the value of loans and deposits, the size of its distribution network, and the number of customers and employees. The bank operates as a universal deposit and credit bank institution, serving both individuals and legal entities. It provides financial services and customer support at branches, agencies, and using modern online and mobile banking systems. In 2022, it opened its first branch in Metaversum. The bank carters to the largest number of retail customers, playing a pivotal role in educating customers by enabling them to take advantage of new products and new access channels to the financial services offered.
The bank generates income from interest, fees, commissions, and other sources, utilizing it to cover operating expenses and distributing profits to shareholders within regulatory limits of financial supervisory institutions. In addition to financial returns, the Bank seeks to generate value for the economy, the environment, and local communities. The sustainable dimension of the business in all areas is included in the new strategy for 2023-2025.
The governance structure of PKO Bank Polski S.A. and its subsidiaries is based on standard, market-based governing principles. The Bank's organisational structure is divided into 8 areas, which reflect the Bank's spheres of activity.
As of the end of 2023, the Bank belonged to 77 organisations and during the year it joined, among others: PCAF (Partnership for Carbon Accounting Financials), IIF (Institute of International Finance) and FFP (Future Finance Poland). The Bank’s Group operates in the territory of the Republic of Poland and through its subsidiaries: Ukraine, Sweden and Ireland. It also operates branches in the Federal Republic of Germany, the Czech Republic and the Slovak Republic. The Bank also conducts cross-border business in EEA countries (Austria, Belgium, Denmark, France, Spain, the Netherlands, Norway, Portugal, Sweden, Hungary, Italy, Lithuania, Ireland, Slovakia, Romania, the Czech Republic, Germany).
11,9 mln | 18,5 k | 882 | |||
Customers of PKO Bank Polski in the retail segment | Customers in the corporate and investment segment | Branches and agencies of PKO Bank Polski at the end of 2023 |
The Group stands out in the Polish market for its strong financial performance, which ensures its stable and secure growth. At the end of 2023, the bank was the largest company listed on the WSE, with a value of PLN 62,9 billion at the end of the year.
Due to their high liquidity and capitalization, the Bank’s shares are a part of a number of stock exchange indices, such as the Polish large companies’ indices WIG20 and WIG30, the WIG-Banki banking sector index, the index of companies representing the highest social responsibility standards WIG-ESG, the MSCI Emerging Markets index and the large companies index FTSE Russell and STOXX Europe 600.
501,5 bln zł | 63 bln zł | 36% | |||
PKO Bank Polski Group assets at the end of 2023 | Bank's market value at the end of 2023 | Market share in loans at the end of 2023 |
The Group has the largest share of the Polish banking market for savings (21.3%) and loans (18.1%), mortgages sale (35,9%) and the market for investment funds for individuals (20.1%). PKO Bank Polski is the leader in terms of the number of current accounts and payment cards. In 2023, financing granted to customers amounted to approximately PLN 263 billion (+PLN 15 billion y/y), there was an increase in financing in both the corporate and retail segments. Amounts due to customers increased to approx. PLN 399 billion (PLN +60 billion y/y), mainly as a result of an increase in both retail and private banking deposits.
[GRI 2-28] The Bank is a member of numerous industry and regional organisations (e.g. the Association of Polish Banks, the CFA Institute) and a number of business organisations such as chambers of commerce and business associations (e.g. the Association of Stock Exchange Issuers, the Association of Entrepreneurs and Employers).
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