Investors' information

Dear Madam or Sir, It is my pleasure, for the fifth time now, to present the annual report of the PKO Bank Polski Group. In addition to excellent financial results, as usual, we report this time a number of events which are none other than strategic changes that definitively transform our...

Purchase of assets from the Nordea Group is one of the most important elements of the realisation of PKO Bank Polski SA’s strategy for the years 2013-2015, it is also the result of a change in approach to the development of the activities of PKO Bank Polski SA.

As at 31 December 2014, the share capital of PKO Bank Polski SA amounted to PLN 1 250 000 thousand and consisted of 1 250 000 thousand shares with a nominal value of PLN 1 each – shares are fully paid. In relation to the end of 2013 there were no changes in the share capital of PKO Bank Polski SA...

Rating agencies Moody’s Investors Service and Standard & Poor’s assign a rating to PKO Bank Polski SA at a charge, in accordance with its own bank assessment procedure.

In 2014, the Bank’s investor relation activities focused on the following areas:

To the best knowledge of PKO Bank Polski SA, as at 31 December 2014 there were three shareholders that hold, directly or indirectly, significant block of shares (at least 5%): the State Treasury, Aviva Otwarty Fundusz Emerytalny and ING Otwarty Fundusz Emerytalny.

PKO Bank Polski SA applies the rules for corporate governance introduced in the form of a document ‘Best Practices of Warsaw Stock Exchange Companies’ approved by the Supervisory Board of the Warsaw Stock Exchange SA on 4 July 2007 (the Resolution No. 12/1170/2007 with subsequent amendments).

Principles for amending the Memorandum of Association of PKO Bank Polski SA Principles for amending the Memorandum of Association of PKO Bank Polski SA comply with the provisions of the Commercial Companies Code and the Banking Act.

The Bank’s shares held by the members of the Management Board and the Supervisory Board of PKO Bank Polski SA as at 31 December 2014 are presented in the table below. The nominal value of each share is PLN 1.

At the end of 2014, guarantees and other financial off-balance sheet liabilities granted with respect to related parties of the PKO Bank Polski SA amounted to PLN 1 269.5 million and decreased by PLN 429.6 million as compared to the end of 2013. The largest off-balance sheet liabilities granted...