Bank Pekao
Not to be confused with PKO Bank Polski.
Public | |
Traded as |
WSE: PEO WIG30 Component |
Industry | Finance and Insurance |
Founded | Warsaw, Poland (1929) |
Founder | Ministry of Treasury |
Headquarters | Warsaw, Poland |
Key people | Luigi Lovaglio, CEO |
Products | Financial Services |
Website | www.pekao.com.pl |
Bank Polska Kasa Opieki Spółka Akcyjna, commonly using the shorter name Bank Pekao S.A., is a universal bank with its headquarters in Warsaw, Poland. The Italian bank UniCredit owns 59% of the company.
The bank was founded in 1929 by the Ministry of Treasury as a national bank, mainly to provide financial services to Poles living abroad. In 1939 the bank had branches in virtually every capital city of countries where Poles lived.
The full name "Polska Kasa Opieki" may be translated literally as "Polish Bank of Aid," and the popular form "Pekao" sounds out the acronym "PKO."
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See also
"Polska Kasa Opieki" can also be translated "Polish Health Fund"
Pekao Bank's website About history page
External links
Media related to Pekao at Wikimedia Commons
This article is issued from Wikipedia - version of the 11/28/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.