PKO Bank Polski confirms high resilience to adverse macroeconomic scenarios
Powszechna Kasa Oszczędności Bank Polski SA (PKO Bank Polski) was subject to the latest edition of stress tests conducted by the European Banking Authority (EBA), in cooperation with the Komisja Nadzoru Finansowego (Polish Financial Supervision Authority), the European Central Bank (ECB), the European Commission (EC) and the European Systemic Risk Board (ESRB).
Press information - Issue of the first Eurobonds tranche of PKO Bank Polski successfully completed
PKO Bank Polski has issued 5-years long Eurobonds of the value of 800 million Euro. The final valuation amounted to 185 basis points over the midswap rate. The interest rate was 3,733 percent. It is the most profitably placed issue by a Polish issuer, apart from State Treasury bonds issues.
PKO Bank Polski successfully passed the stress test, coordinated by the Committee of European Banking Supervisors
PKO Bank Polski as the only Polish bank directly participated in the stress test, conducted in July 2010 on a bank-by-bank basis for a sample of 91 EU banks from 20 EU Members States. The results of PKO Bank Polski significantly exceeded capital adequacy ratio set up for the exercise as a minimum.