Strategy and growth

The development directions of PKO Bank Polski SA are set out in the new strategy for the years 2013-2015, ‘PKO Bank Polski Daily the best', approved by the Supervisory Board on 27 March 2013.

On 12 June 2013 PKO Bank Polski SA concluded an agreement (‘the Agreement’) with Nordea Bank AB (publ), a company registered in Sweden, which determined the terms and conditions of the acquisition from Nordea Bank AB (publ) and other Nordea Group.

In 2013, the Bank maintained its leading position in respect of its share in the deposit market, which amounted to 16.3%. At the same time, the decrease in the market share in respect of deposits is connected with diversification of sources of funding in PKO Bank Polski SA.

PKO Bank Polski SA, as the parent company, has the most significant impact on the statement of financial position and the income statement of the PKO Bank Polski SA Group.

As at the end of 2013, the total financing of the Bank in the form of loans received from financial institutions amounted to approx. PLN 3.9 billion and comprised funds denominated in EUR and CHF.

Among strict banking activity the PKO Bank Polski SA Group provides specialist financial services relating to leasing, factoring, investment funds, pension funds, and conducts investment, development and debt collection operations.