PKO BP corporate branch gegins operations in Romania

by   CIJ News iDesk III
2025-01-15   11:11
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PKO Bank Polski has officially launched its corporate branch in Romania, marking a significant step in its international expansion. The new branch, located in Bucharest, is primarily designed to support Polish companies operating in Romania, while also offering financial services to local Romanian businesses.

“The establishment of foreign corporate branches reflects our commitment to supporting Polish companies as they expand internationally. It is also a key component of the PKO Bank Polski Strategy for 2025-2027. Romanian markets are increasingly attracting Polish investors from industries such as food, furniture, construction, IT, chemicals, and household appliances. We aim to meet their needs and facilitate their operations in this market while also being open to financing local companies,” said Marek Radzikowski, Vice-President of PKO Bank Polski.

The Bucharest branch, PKO Bank Polski Varsovia, Sucursala București, is positioned to be the first choice for Polish companies operating in Romania and a bridge for Romanian companies entering the Polish market. This is the bank’s fourth foreign corporate branch, following those in Frankfurt am Main, Prague, and Bratislava.

PKO Bank Polski launched its first foreign corporate branch in 2015 in Frankfurt am Main, Germany, due to the high level of Polish business activity there. The Czech market was added in 2017, followed by Slovakia in 2021. Additionally, the bank has a presence in Ukraine through the Kredobank capital group.

PKO Bank Polski is the leading financial institution in Poland, with its shares listed on the Warsaw Stock Exchange (WSE) since November 2004, where it is a part of the WIG20 index. At the end of 2023, the bank’s total assets reached PLN 501.5 billion, solidifying its position as the leader in the Polish banking sector.

Source: PKO BP and ISBnews

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