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PKO BP corporate history milestones

8 February 1919 Pocztowa Kasa Oszczędności (PKO) incorporated.
1920 PKO vested with legal personality as a state institutions.
1939 The world war hinders its operations.
1945 The Bank reactivated.
1949-1950 Pocztowa Kasa Oszczędności transformed and renamed as Powszechna Kasa Oszczędności.
1974 New product launch: Introduces personal savings and checking accounts.
1975 PKO merged into the structures of the National Bank of Poland; yet retains its identity.
1987 An independent bank once again.
1992 The articles of association granted it by the Council of Ministers include a modified name of Powszechna Kasa Oszczędności - Bank Państwowy (a state bank); PKO BP in the short form.
12 April 2000 Transformed into a wholly-owned subsidiary of the State Treasury under the name of PKO Bank Polski Spółka Akcyjna (a joint stock company).
10 November 2004 Successful floatation.
10 December 2007 PKO Bank Polski opens its first overseas outlet in London.
14 September 2008 Completes network rollout of O-ZSI, its integrated IT system.
7 October 2009 Successful rights issue of 250,000,000 D series shares, with nominal value of
PLN 1 each.
11 December 2009 Capital increase from PLN 1,000,000,000 to PLN 1,250,000,000 through rights issue of 250,000,000 D series ordinary bearer shares; The articles of association amended.
1 September 2010 Commences commercial scale issuance of EMV technology compliant contactless smart cards.

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