Bank Pekao SA (BPKD)

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Company Description

Bank Pekao SA is a universal commercial bank incorporated on October 29, 1929 in the Commercial Register of the District Court in Warsaw, Poland. The Company offers range of banking services on domestic and foreign financial markets, provided to retail and corporate clients both in Poland and abroad. It runs both PLN and forex operations, and it actively participates in both domestic and foreign financial markets. The Company through its subsidiaries also provides stockbroking, leasing, factoring operations and offering other financial services. The Company operates in four segments including; Retail banking, Private banking, Corporate and Investment banking, and Assets and Liabilities Management and other. The Retail banking segment includes banking activity related to retail customers excluding private banking customers, small and micro companies. The Private banking segment includes banking activity related to individual customers. The Corporate and Investment banking segment includes banking activity related to the medium and large companies, interbank activities market, debt securities and other instruments. The Assets and Liabilities Management and other segment is engaged in supervision and monitoring of fund transfers and other activities centrally managed. The Company provides financial services such as purchases and sale of fixed assets, such as vehicles, plant and equipment, and office space; collecting information on debtors' standing, payment collection, debt recovery, settlement accounting, financial advisory, consulting services, mutual funds, pension funds, and employee pension plans, brokerage, and electronic banking services. It offers its customers access to distribution network, with ATMs and banking outlets conveniently located throughout Poland...