Annual Report 2023

About Bank

Bank Pekao S.A. Group and Bank Pekao S.A.

GRI[ ]
GRI[
  • 2-1
]

Bank Polska Kasa Opieki Spółka Akcyjna (hereinafter: “Bank”, “Bank Pekao”) is a bank organized in the form of a joint stock company, operating on the basis of applicable laws, in particular the Banking Law and the provisions of the Commercial Companies Code and the provisions of the Articles of Association of Bank Polska Kasa Opieki Pekao Spółka Akcyjna (hereinafter: “Articles of Association of Bank Pekao” – consolidated text available at https://www.pekao.com / About the Bank / Corporate Governance).

The Bank operates in the territory of the Republic of Poland. The registered office is located in Warsaw, at ul. Żubra 1 (postal code 01-066).

The activities of Bank Pekao are supervised by the Polish Financial Supervision Authority (hereinafter: “PFSA”). Since 1998, Bank Pekao is listed on the Warsaw Stock Exchange. Since 2017, Bank Pekao S.A. has been a member of the PZU S.A. Capital Group (hereinafter: “PZU Group”), the largest financial institution in Central and Eastern Europe.

Shareholding structure as of the date of the report:

SHAREHOLDER’S NAME NUMBER OF SHARES AND VOTES AT GENERAL MEETING AT AND THE TOTAL NUMBER OF VOTES AT THE GENERAL MEETING
Powszechny Zakład Ubezpieczeń S.A. 52,494,007 20.00%
Polski Fundusz Rozwoju S.A. 33,596,166 12.80%
Funds managed by Nationale – Nederlanden Powszechne Towarzystwo Emerytalne S.A. 16,800,000 6.40%
Funds managed by Powszechne Towarzystwo Emerytalne Allianz Polska S.A. 15,500,051 5.91%
Other shareholders (under 5%) 144,079,810 54.89%
Total 262,470,034 100.00%

In current report No. 23/2023, Bank Pekao S.A. announced that on October 10, 2023 it received a notice from BlackRock, Inc. that its shareholding had fallen below 5% of the total number of votes at the Bank‘s General Meeting of Shareholders.

Distribution network

The Bank offers customers a wide network of branches and ATMs with convenient access throughout the country, as well as a professional call center and an online and mobile banking platform for individual, corporate, and small and micro business customers. In 2023, Bank Pekao had 574 establishments (493 establishments of its own retail network and 81 partner establishments), as well as 1,306 ATMs located in all voivodeships.

1.3
thous.
ATMs located in all voivodeships

Number of accounts

As of the end of December 2023, the Bank maintained 7,977.7 thousand current accounts in PLN, 366.3 thousand mortgage accounts and 583.8 thousand Express Loan accounts.

7.9
million
current accounts in PLN
SCALE OF OPERATIONS
(31.12.2023) (PLN MILLION)
PEKAO GROUP BANK PEKAO
Net interest income 11,923 11,588
Net fee and commission income 2,786 2,346
Total assets 305,723 294,477
Total equity 30,342 29,896
Amounts due to customers 232,078 232,307

Search results