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'''Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna''' (commonly using the shorter form PKO Bank Polski S.A. or PKO BP S.A.) is [[Poland]]'s largest [[bank]]. Although floated on the [[Warsaw Stock Exchange]], as of July 2009 the state still holds 51.24% of shares.[http://www.pkobp.pl/index.php/id=ofirmie/section=ogol/zone=-1/section=ri]
'''Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna''' (commonly using the shorter form PKO Bank Polski S.A. or PKO BP S.A.) is [[Poland]]'s largest [[bank]]. Although floated on the [[Warsaw Stock Exchange]], as of July 2009 the state still holds 51.24% of shares.[http://www.pkobp.pl/index.php/id=ofirmie/section=ogol/zone=-1/section=ri]


The [[Privatization|privatized]] remnant of one of Poland's [[state banks]], PKO BP is today one of the largest companies in Poland and on the [[Forbes]] Global 2000 list. ''PKO'' stands for ''Powszechna Kasa Oszczędności'' which roughly means ''General Savings Bank'' and BP stands for Polish Bank, but popularly only the [[acronym]] is used.
The [[Privatization|privatized]] remnant of one of Poland's [[state banks]], PKO BP is today one of the largest companies in Poland and on the [[Forbes]] Global 2000 list. The full name Powszechna Kasa Oszczędności roughly means "General Savings Bank," and Bank Polski means "Polish Bank." Popularly only the [[acronym]] is used.


Because of its size and position as one of the first banks, PKO is still one of the best recognized [[brand]]s in Poland. Today PKO employs over 37,000 people and has a [[revenue]] of over 2 billion [[US dollars]]. In recent years the bank has invested outside Poland, notably the [[Takeover|acquisition]] of [[Kredyt Bank Ukraina]] ([[Ukraine]]). The company is headquartered in central [[Warsaw]].
Because of its size and position as one of the first banks, PKO is still one of the best recognized [[brand]]s in Poland. Today PKO employs over 37,000 people and has a [[revenue]] of over 2 billion [[US dollars]]. In recent years the bank has invested outside Poland, notably the [[Takeover|acquisition]] of [[Kredyt Bank Ukraina]] ([[Ukraine]]). The company is headquartered in central [[Warsaw]].

Revision as of 18:45, 18 February 2010

Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (commonly using the shorter form PKO Bank Polski S.A. or PKO BP S.A.) is Poland's largest bank. Although floated on the Warsaw Stock Exchange, as of July 2009 the state still holds 51.24% of shares.[1]

The privatized remnant of one of Poland's state banks, PKO BP is today one of the largest companies in Poland and on the Forbes Global 2000 list. The full name Powszechna Kasa Oszczędności roughly means "General Savings Bank," and Bank Polski means "Polish Bank." Popularly only the acronym is used.

Because of its size and position as one of the first banks, PKO is still one of the best recognized brands in Poland. Today PKO employs over 37,000 people and has a revenue of over 2 billion US dollars. In recent years the bank has invested outside Poland, notably the acquisition of Kredyt Bank Ukraina (Ukraine). The company is headquartered in central Warsaw.

PKO BP has a virtual bank division named iPKO.

PKO BP should not be confused with another large, old Polish bank with an identical acronym, Bank Pekao S.A.