PKO: Capital Base Improves

Professional ServicesBanks ♦ Published: December 17, 2013; 12:59 ♦ (Vindobona)

According to the European Banking Authority (EBA), the largest Polish bank could strengthen the capital position.

PKO: Capital Base Improves / Picture: © PKO Bank Polska

Compared to the end of 2012, PKO´s tier-1 capital ratio was up slightly. This was published by the Polish Financial Market Authority KNF today.

At the end of 2012, PKO recorded a tier-1 capital quota of 12.0%. In the first half of 2013, the state-backed Polish bank improved the capital ratio to 12.5%.

This is substantially above the minimum capital ratio of 9.0%…