Main banks in Poland
Banks in Poland represent around 70% of financial sector assets and play an important role in the country's financial system. Poland is home to several state-owned banks, although most of the country's banks are private, occupying around 80% of the market. The Banking Supervision Commission is responsible for the supervision of financial institutions and banks in Poland. It is an autonomous body under the Narodowy Bank Polski or the National Bank of Poland.
Moody's Investors Service maintains a stable outlook for the Polish banking system. The agency expects solid economic growth and increased employment and income that will create opportunities for banks in Poland and Bank Account openings in Poland.
For anyone considering a career in banking in Poland, this list of the best banks in Poland is a useful guide on where to start.
List of banks where we open Bank Accounts in Poland remotely:
Founded in 1948, Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna, commonly known as PKO Bank Polski or PKO BP, is Poland's largest bank in terms of assets. It is also one of the main financial groups in Central and Eastern Europe. The bank provides retail, commercial and private Bank Accounts in Poland to individuals and companies. With its head office in central Warsaw, state-controlled PKO BP also maintains a presence in Ukraine, following the acquisition of the banking institution KredoBank.
Turnover: PLN 10.92 billion (2017)
Net profit: PLN 3.109 billion (2017)
Total assets: PLN 296.912 billion (2017)
Bank Polska Kasa Opieki Spółka Akcyjna, commonly known as Bank Pekao, was established in Warsaw in 1929 by the Ministry of the Treasury to provide financial services to Polish citizens living abroad. In fact, by 1939 it operated branches in almost all the capitals of countries where Poles resided. Italian bank UniCredit owned 59% of the bank but sold it in 2016. Bank Pekao is the second largest bank in Poland in terms of assets.
Turnover: 7.28 billion PLN (2017)
Net profit: PLN 2.28 billion (2017)
Total assets: PLN 174.21 billion (2017)
Bank Zachodni WBK (BZ WBK) was established in 2001 when Bank Zachodni SA merged with Wielkopolski Bank Kredytowy SA. It is the third largest bank in the country in terms of assets. With 1,000 branches, it is also the third largest bank in Poland in terms of branch network, with 3.5 million customers. In 2013, BZ WBK merged with Kredyt Bank, making Bank Zachodni WBK the third largest bank in Poland in terms of market share and Bank Accounts in Poland.
Turnover: PLN 3.79 billion (2017)
Net profit: PLN 1.92 billion (2017)
Total assets: PLN 132.86 billion (2017)
Founded in 1986 and formerly known as BRE Bank, mBank is the fourth universal banking group in Poland in terms of total assets and loans. It also occupies fifth place in terms of deposits as of 2016. The group offers a wide range of banking and financial solutions including retail banking, corporate and investment banking, leasing, factoring, insurance, wealth management, corporate finance and consulting.
Turnover: PLN 4.454 billion (2017)
Net profit: PLN 1.09 billion (2017)
Total assets: PLN 131.24 billion (2017)
ING Bank Śląski
Based in Katowice, ING Bank Śląski SA (ING BSK) was established in 1988 after its separation from the National Bank of Poland. Dutch group ING became the majority shareholder of the bank in 1996, but in 2001 Bank Śląski merged with ING Bank NV branch in Warsaw, changing its name to ING Bank Śląski.
Turnover: PLN 4.57 billion (2017)
Net profit: PLN 1.348 billion (2017)
Total assets: PLN 122.11 billion (2017)
BGZ BNP Paribas
BGZ BNP Paribas was founded in 2015 and is a member of the international banking group BNP Paribas. The universal bank offers a full range of savings and investment products, loans and financial solutions to micro-enterprises, SMEs and businesses. It also offers services to businesses in the food and agribusiness sectors, focusing on providing funds for agriculture, the food economy and regional infrastructure.
Turnover: PLN 2.67 billion (2017)
Net profit: PLN 279.71 million (2017)
Total assets: PLN 72.75 billion (2017)
Founded in 1990, Bank Millennium provides banking and financial services to more than 1.6 million personal customers and 13,000 businesses. He oversees 360 branches and uses the latest technology for online, phone and mobile banking. In 1989 Bank Millennium was established under the name Bank Inicjatyw Gospodarczych BIG SA. In 1997, it merged with Bank Gdański SA and launched the Millennium retail service network the following year.
Turnover: 2.49 billion PLN (2017)
Net profit: PLN 648.95 million (2017)
Total assets: PLN 70.64 billion (2017)
Getin Noble Bank
Getin Noble Bank is the sixth largest bank in Poland in terms of assets and 13 e in terms of the number of branches. The Polish banking and financial services company offers retail and commercial finance, investment banking, asset management and private banking services. It was created in 2010 in Warsaw during the merger of Getin Bank SA with Noble Bank SA.
Turnover: 347.8 million (H1 2017)
Net income: (103.8 million) (H1 2017)
Total assets: PLN 64.46 billion (H1 2017)
In 2008, the Italian group Carlo Tassara created Alior Bank, the tenth financial group in Poland. In 2012, it was listed on the Warsaw Stock Exchange and was valued at PLN 2.1 billion, the highest bid in the history of the country's stock exchange. With its headquarters in Warsaw, Alior Bank provides banking and financial services and is engaged in mergers and acquisitions. It acquired Meritum Bank in 2015 and Bank BPH in 2016.
In 2012, the BAI Global Banking Innovation Awards recognized Alior Bank as the most innovative bank, while Retail Banker International named it Best European Retail Bank in 2015.
Turnover: 3.60 billion (2017)
Net profit: PLN 515.62 million (2017)
Total assets: PLN 69.49 billion (2017)
Polish bank Citi Handlowy or Bank Handlowy (BHW) was founded in 1870, making it one of the oldest banks in Poland and also in Europe. It is the tenth largest bank in the country and ranks 18 e in terms of the number of branches. Based in the Jabłonowski Palace, Citi Handlowy is owned by Citigroup, hence its name. It was created in 2001 following the merger between Bank Handlowy and Citibank (Poland) SA.
Turnover: 1.35 billion PLN (2017)
Net profit: PLN 537.1 million (2017)
Total assets: PLN 42.86 billion (2017)