At the end of 2024 we served nearly 6.8 thousand clients. We cooperate with the largest corporations. We provide support in terms of substantive, operational and financial development of our clients both in everyday business as well as in large strategic projects.
Corporate and investment banking
The Corporate Banking includes corporate segments and significant capital groups (the so-called large corporations), public sector clients, financial institutions as well as commercial real estate and specialized financing. The Pekao Group is a leader in these segments. It has a competitive advantage resulting from experience, unique staff, specialized knowledge and processes and the potential to co-finance large projects based on a very strong liquidity and capital position. The Bank provides both the comprehensive services of a universal bank and the services in such areas as leasing, factoring, investment advisory services, advisory in M&A as well as highly advanced treasury, capital market products and custody services. A wide range of products and services, innovative solutions, customised approach and the comprehensive financial services for the largest enterprises, institutions and public sector units are appreciated by clients and decide about the strength of corporate banking of Bank Pekao S.A.
Growth
Our approach to growth is focused on the continuous development of modern digital tools to support the activities of analysts, relationship managers and clients. In business areas, we engage in projects related to a responsible approach to the way in which business activity is conducted. We also develop international banking and support the foreign expansion of our clients.
increase of x-sell
high market share in the segment of large corporations
Effectiveness
While strengthening our effectiveness we focus on increasing the level of robotization and automation of internal processes as well as solutions available to clients. We are also continuously expanding the scope of self-service operations in digital channels and we are implementing more products available to corporate clients for online purchase.
digitalisation and automation of processes
promotion of self-service in digital channels
Clients
We are invariably building a customer-centric culture and we want to be the first choice bank for our clients. Therefore, we try to quickly and accurately recognize their needs. We provide advise based on our knowledge of client’s profile, industry and segment. We try to increase the level of satisfaction of our clients with their interaction with the Bank.
specialist, customised service of complex transactions
support in financing public sector projects
Responsibility
Supporting sustainable economic development, we engage in private as well as in government and EU programs for economic recovery and climate transformation. An important area of our activity is also the cooperation with public sector entities, where, in addition to green investments and infrastructural projects, we are involved in financing socially responsible projects which have a positive impact upon the living standard of Poles.
The fundamental of our business is responsible capital management. We do this relying on sector expertise, flexible and specialized product offer, unique competences in structured financing and extensive opportunities to operate on Polish and foreign financial markets. Such knowledge enables us to make rational and mature selection of clients and the most appropriate selection of products and transactions.
responsible capital management
support of sustainable economic development
Cooperation with financial institutions and custody services
We hold a leadership position in serving domestic financial institutions, focusing on providing the highest quality services to insurance companies, investment funds, brokerage houses, financial sector infrastructure entities, cooperative banks as well as savings and credit unions. The range of services includes modern transactional banking products, clearing products, treasury products, custody services and services of a depository bank, as well as the access to the comprehensive offer of the Pekao Group entities addressed to this segment of clients.
In July and August 2024, we obtained financing for Pekao Leasing in the form of loans in the amount of EUR 250 million from the Council of Europe Development Bank and in the amount of EUR 150 million from the European Investment Bank. The proceeds from these loans will finance the investments and development of micro, small and medium-sized enterprises in Poland. A special support will be given to companies most vulnerable to the negative social and economic effects of the transformation: the companies from the regions exposed to risk resulting from high unemployment and the companies implementing green investments, including the ones that improve energy efficiency and the leasing of low-carbon means of transport. Bank Pekao acted as the arranger of the transaction and secured the financing from the Council of Europe Development Bank with a guarantee. The loan from the European Investment Bank was guaranteed by the PZU Group.
We are engaged in an extensive cooperation with banks from all over the world. With more than 1.3 thousand exchanged swift keys, direct or indirect access to major clearing systems, nostro accounts and maintaining loro accounts for a very large group of foreign banks – the Bank has the infrastructure to ensure efficient foreign settlements in 21 major currencies.
250
mln EUR
financing for Pekao Leasing in the form of loans
150
mln EUR
financing from the European Investment Bank
Depending on the needs, the Entrepreneur can independently and quickly expand the range of services offered by applying for other functions in PekaoBiznes24. Such an agreement can be concluded both in a traditional paper form and electronically, using four different types of electronic signatures: qualified, trusted, personal e-card or e-banking user signatures.
In Pekao Biznes24, we enabled our clients to execute foreign currency transfers with online posting at weekends. The transfers entered and sent on Saturdays and Sundays between accounts held with Bank Pekao are posted in real time.
We have also made it possible to block debit and credit cards in real time.
In 2024, we introduced the possibility of opening accounts and performing non-cash and cash settlements in the Mexican peso (MXN) and Israeli shekel (ILS) currencies. We offer the attractive cut-off times for making payments in ILS and MXN, and we are one of the few banks in Poland which executes payments in these currencies in express mode.
In 2024, in the area of transactional banking:
+8
% r/r
an increased number of domestic transfers
20
%
market share for domestic payments
+31
% r/r
an increased number of outgoing foreign transfer
+8
% r/r
an increased number of incoming transfers
In 2024, we consistently developed our range of trade finance products, which is confirmed by the rate of growth in this area. The amount of newly issued guarantees and sureties increased by 7% as compared to 2023 and the Bank’s exposure in this respect, at the end of 2024, was by 11% higher than in the previous year. In the third quarter of 2024, the Bank provided its clients with a new tool for managing bank guarantee orders. The application, available through the Bank’s online banking, will enhance the quality of the service provided and improve the experience of clients using this type of product. In 2024, the Open Financing Platform (OFP), which supports products based on receivables purchase, allowed for financing more than 62 thousand invoices for the total amount of more than PLN 2.5 billion.
We support the expansion of Polish entrepreneurs on both European markets and in developing countries. We prepared comprehensive offers for short and long-term financing and the offers for hedging risk of international transactions. The Bank’s clients can take advantage of the package of the most beneficial financial solutions adjusted to the model of the conducted business activity.
We extended our offer for companies intending to finance their investments in green transformation. As a result of the signed agreement with the Export Credit Insurance Corporation (KUKE), the Bank’s clients can benefit from a new guarantee program that will facilitate the financing of energy transition expenses and implementation of investment projects which will allow our economy to achieve climate neutrality.
In 2024, we concluded an agreement with the South Korea’s largest bank: KB Kookmin Bank. As a result, a Korea Desk, dedicated to Korean clients, was established at the Bank, specialized in serving Korean companies operating in Poland and the ones intending to enter our market.
We offer our clients the services in the field of investment banking, structured finance and financing of commercial real estate projects, including financing of the construction of warehouses.
The key projects financed by the Bank in 2024 include:
- a syndicated loan in the amount of PLN 3,4 billion granted to the largest chemical concern in Poland. The Bank was the loan arranger,
- a syndicated loan in the amount of PLN 2,5 billion granted to a leading company from the pharmaceutical industry; the Bank was the loan arranger,
- a syndicated loan in the amount of PLN 1,8 billion granted to a leading company from the footwear industry. The Bank is the Security Agent,
- a syndicated loan granted to a leading retailer in Poland. The amount of the syndicated loan was PLN 1,3 billion. The Bank was the MLA,
- a syndicated loan for development of an enterprise from the paper industry. The syndicated loan amounted to EUR 270 million,
- an investment loan granted to a leading company from the energy industry for renewable energy sources. The amount of financing was PLN 1 billion. The Bank was the loan agent,
- an investment loan in the amount of PLN 741 million granted to a leading European producer of chargers for electric cars. The Bank was both the leader and agent of the consortium. At a later stage of this transaction, the Bank and the company will select the co-consortium partners,
- a working capital loan in the amount of PLN 500 million granted to a company operating in the leasing industry.
In 2024, the Bank participated in the issuance of non-treasury debt securities (of corporate entities, banks and municipal units) for the total amount of more than 52 billion zlotys, of which the following transactions deserve special attention:
- the issue of the Bank’s 6-year (6nc5) senior unsecured Eurobonds for the amount of EUR 500 million. The Bank acted as the Global Coordinator and Co-bookrunner,
- the issue of three series of Eurobonds (8- and 15-year) for the Polish Development Bank for the total amount of EUR 2,2 billion; the Bank acted as the co-arranger,
- the issue of 3-year and 6-year bonds for the total amount of 2 billion zlotys for one of the leading producers of electricity in Poland. The Bank acted as the arranger, dealer and coordinator of the issue. The bonds are linked to the sustainability indicators such as CO2 reductions and the increase of capacity in the installed renewable energy sources,
- the issue of 3-year bonds for the leasing company belonging to an international automotive concern for the amount of 1,5 billion zlotys; the Bank was the sole arranger and dealer,
- the issue of 7-year bonds for the amount of 1 billion zlotys for a leading producer of copper and silver; the Bank was the co-arranger and dealer,
- the issue of 5-year green bonds for the amount of 750 million zlotys for a company from the energy sector; the Bank was the co-arranger and dealer,
- the issue of 16 series of bonds denominated in PLN and EUR for Pekao Leasing for the total amount of PLN 8,35 billion and the issue of 36 series of bonds denominated in PLN and EUR for Pekao Faktoring for the total amount being equivalent of more than PLN 21,7 bilion. The Bank acted as the sole arranger and dealer in both transactions.
One of the elements of our strategy is to finance public sector and municipal projects. We are actively involved in activities related to building and developing Polish infrastructure, including the support for sustainable development of the economy and environmental protection. We render our services and we provide financing to self-government units, municipal companies, institutions of higher education as well as entities established as part of public-private partnership.
We cooperate with 11 out of 12 Polish metropolises (92% market share) and we provide ongoing budget support for five of them. We cooperate with every five municipality in Poland. We maintain business relationships with 75% of towns with county rights and we provide ongoing services to every fifth of them. We also cooperate with every fourth county (25%) and with more than a half of provinces (56%). We are a major bank for state universities – more than 50 of them use our services.
We are one of the two banks most frequently selected by local government units issuing bonds. In 2024, we provided financing in the form of bond issue for the city of Cracow in the amount of PLN 320 million, Lublin in the amount of PLN 220 million, Łódź in the PLN 274 million and Radom in the amount of PLN 80 million. We are the market leader in issuing bonds for municipal companies. An example of such financing is the agreement with the Wrocław Airport worth PLN 550 million.
In 2024, we also supported local government units by granting loans and credits to, among others: the City of Cracow in the amount of PLN 300 million, City of Łódź in the amount of PLN 200 million, City of Lublin in the amount of PLN 180 million, and City of Białystok in the amount of PLN 125 million..
The total financing provided by Bank Pekao to the public sector in 2024 amounted to PLN 3.7 billion.
We also granted an investment loan and took over the service and financing of the Gdańsk International Fair in a total amount of PLN 80 million.
Total financing provided by the Bank in 2024 for the public sector amounted to PLN 3.7 billion.