- CEO
- Szymon Midera
- Full Time Employees
- 24,820
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- ul. Pulawska 15 Warsaw MZ Poland 02-515
- IPO Date
- Apr 21, 2011
- Business
- Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna (PKO Bank Polski) operates as Poland's largest universal bank, 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 overdrafts, working capital facilities, investment loans, and mortgages, trade finance services encompassing guarantees and letters of credit, payment cards including Visa Business debit cards, online banking platforms like iPKO and IKO mobile app, liquidity management solutions such as cash pooling and consolidated accounts, as well as leasing, factoring, investment and pension funds, and insurance through subsidiaries like PKO Leasing SA, PKO Towarzystwo Funduszy Inwestycyjnych SA, and PKO Życie Towarzystwo Ubezpieczeń SA. Founded in 1919 and headquartered at ul. Puławska 15 in Warsaw, Poland, the bank maintains an extensive domestic network of over 1,100 branches and 3,000 ATMs, while extending international operations through corporate branches in Germany, Czech Republic, Romania, and Ukraine, subsidiaries like PJSC KredoBank in Ukraine, and planned representative offices in Lithuania and Sweden as part of an expansion strategy targeting eight new overseas units by 2027 to support Polish firms' regional growth. In recent developments, PKO Bank Polski issued its maiden covered bonds worth 1.16 billion zloty via mortgage unit PKO Bank Hipoteczny in 2025 to tap retail funding amid monetary easing, financed Maspex Romania's acquisition of Purcari Wineries shares through its Romanian branch marking the unit's first transaction, announced openness to acquisitions in Central and Eastern Europe with potential completion of one deal in 2026 under new CEO Szymon Midera to complement organic growth, achieved record 2024 results with core income up 19.6% and assets exceeding 500 billion zloty, and reached a historic market capitalization of 100 billion zloty. The bank, listed on the Warsaw Stock Exchange since 2004 with the Polish State as its largest shareholder holding 31.39%, leads the Polish market with 19.2% share in banking assets, loans, and individual investment funds, emphasizing digital services for over 11 million customers and 6.1 million active IKO users.