Bank Pekao

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Bank Pekao SA
Type Public
Traded as WSEPEO
WIG30 Component
Industry Finance and Insurance
Founded Warsaw, Poland (1929)
Founders 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. 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."

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

Bank Pekao SA's flag with characteristic logo 
Bank Pekao SA Head Office in Warsaw 
Bank Pekao SA in Suwałki 
Bank Pekao in Warsaw 

See also[edit]

"Polska Kasa Opieki" can also be translated "Polish Health Fund"

Pekao Bank's website About history page [1]