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    PKO BP: record PLN 2.4 billion profit for H1 2021 and further expansion in CEE markets

    PKO BP in H1 2021 made the highest profit in its 100-year history at PLN 2.4bn – 85% more than in H1 2020. The bank’s strategy also assumes further expansion into Central and Eastern European markets.

    As the deputy CEO points out, it was not only good cooperation with clients but also the good state of the economy that enabled the bank to achieve such a good result.

     

    “The PLN 2.4 billion profit reported in the first half of the year reflects the good condition of the Polish economy, and the historically high level of results is mainly attributable to the effect of work with clients,” Bartosz Drabikowski, deputy CEO of PKO BP, stressed.

     

    The Vice President of the Management Board Maks Kraczkowski pointed to the strategy that allowed for the expansion of foreign markets, which also contributed to this success.

     

     “Our international growth strategy has proven to be successful.  The corporate branch in Frankfurt, the branch in Prague as well as the Slovak branch are today very well-developed branches (…).  Within a dozen or so months we will launch the Romanian branch,” said Maks Kraczkowski, Vice-President of the Management Board of PKO BP.

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