- CEO
- Szymon Midera
- Full Time Employees
- 26,000
- Sector
- Finance
- Industry
- Major banks
- Address
- ul. Swietokrzyska 36 Warsaw MZ Poland 00-116
- IPO Date
- Nov 10, 2004
- Business
- Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (PKO Bank Polski S.A.) is Poland's largest universal bank by assets, providing a comprehensive range of retail, corporate, and investment banking services to individual clients, small and medium-sized enterprises, large corporations, and public sector entities; core offerings include current and savings accounts, deposits, loans such as mortgages, overdrafts, working capital facilities, and investment financing, payment and settlement services encompassing domestic and international transfers, SEPA direct debit, and card products like VISA Business debit cards, liquidity management solutions including cash pooling and consolidated accounts, trade finance instruments such as guarantees and letters of credit, as well as digital banking platforms like iPKO online banking, iPKO biznes mobile app, and IKO app for mobile transactions. The bank operates primarily in Poland with over 1,100 branches and an extensive ATM network, supplemented by international presence through corporate branches in Germany, Czech Republic, Slovakia, and Romania, and subsidiaries such as PJSC KredoBank in Ukraine, PKO Leasing SA for leasing services, PKO Towarzystwo Funduszy Inwestycyjnych SA for investment funds, and PKO Życie Towarzystwo Ubezpieczeń SA for insurance. Founded in 1919 as the Postal Savings Bank and headquartered in Warsaw, PKO Bank Polski became a joint-stock company listed on the Warsaw Stock Exchange in 2004, with the Polish State Treasury as its largest shareholder holding approximately 29% of shares. In recent developments, the bank launched its corporate branch in Romania in 2025, completing its first transaction by financing Maspex Romania's acquisition of over 71% of Purcari Wineries shares via a loan, underscoring its support for Polish firms' regional expansion; it also entered a strategic partnership with Allegro in 2025 targeting 1 million new clients over three years through e-commerce integration; CEO Szymon Midera, appointed acting CEO in February 2024, announced in October 2025 an M&A strategy focused on Central and Eastern Europe, aiming to complement organic growth with acquisitions in high-growth financial segments and potentially closing initial transactions in 2026. Total assets exceeded PLN 500 billion in 2023 for the first time, with record market capitalization surpassing PLN 100 billion in 2025.