Bank Pekao (Bank Polska Kasa Opieki)

With its headquarters in Warsaw, Bank Pekao is a universal bank that is currently the second-largest bank in Poland. 59% of the business used to be owned by the Italian bank UniCredit. [4] In December 2016, it sold the bank. Currently, the Polish Development Fund holds 20% of the company, UniCredit 12.80%, Powszechny Zakad Ubezpiecze 6.28%, and others 60.94%.

The bank was established as a national bank by the Ministry of Treasury in 1929, primarily to offer financial services to Poles residing abroad. The bank had locations in almost all of the principal cities of the nations where Poles resided in 1939. The acronym "PKO" is pronounced similarly to the full name "Polska Kasa Opieki," which can be translated directly as "Polish Bank of Assistance."

The market capitalization of Bank Pekao (Bank Polska Kasa Opieki) as of April 2023 is $5.18 billion. By market capitalization, Bank Pekao (Bank Polska Kasa Opieki) is now the 2351st most valuable corporation in the world. The most recent financial reports from Bank Pekao (Bank Poland Kasa Opieki) show that the company's current revenue (TTM) is $2.58 billion. The company generated $2.17 billion in revenue in 2021, up from $2.02 billion in revenue in 2020.

Founded: March 17, 1929
Headquarters: Warsaw, Poland
Website: www.pekao.com.pl