PKO BP Bankowy PTE

About Company

The Company (or PTE) is the manager of PKO BP Bankowy Otwarty Fundusz Emerytalny (OFE or an open pension fund). Open pension funds form part of the mandatory pension system, in which they constitute the second pillar. Fund membership rules here have a statutory basis. The relevant provisions state that every person in employment outside of the agricultural sector and born after the date of 31 December 1968 is required to execute an agreement with one of the open pension funds involved in management of a certain part of the insured persons' social insurance contributions towards their pension insurance.

In combination with its outstanding investment performance, PKO BP Bankowy OFE's strong association with the PKO Bank Polski brand and its utilisation of the Bank's distribution channels have contributed to substantial growth in the course of 2010 in the number of customers who have committed their funds to PKO BP Bankowy OFE's stewardship. As a result, total assets under management now exceed PLN 6.5 billion.

Financial results

  • 2010

    • As at the end of the year, net assets under management of PKO BP Bankowy OFE amounted to PLN 6.57 billion, growth of PLN 1.66 billion or 33.8 per cent. compared to the valuation as at the end of 2009.
    • Return on a three-year investment in PKO BP Bankowy OFE (calculated as at 31 December 2010) stands at 10.21 per cent. giving the fund manager the second position in the pension funds market.
    • Total number of PKO BP Bankowy OFE members stands at 468,322.
  • 2009

Management

  • Management Board

    President of the Management Board

    Ewa Małyszko

    Vice-President of the Management Board

    Marzena Koczut

  • Supervisory Board

Strategy

  • Strategy

    PTE's mission aims at delivering satisfying results to all members of the PKO BP Bankowy OFE fund it manages and at continual improvement of its customer service. With these purposes in mind, PTE continues to upgrade its investment process as concerns risk management, investment efficiency and optimised allocation of the available funds.

  • Significant events and achievements