February 01, 2015 6:39 PM ET

Banks

Company Overview of Bank Gospodarki Zywnosciowej Spolka Akcyjna

Company Overview

Bank Gospodarki Zywnosciowej Spólka Akcyjna provides various banking and financial services and services in Poland. The company specializes in agriculture, food economy, and regional infrastructure financing. Its Retail and Business Banking segment offers current and deposit accounts, and term deposits; and housing, cash, mortgage, and revolving loans; overdrafts; debit and credit cards; foreign cash transfer and foreign exchange transaction services; insurance products; and other services to individuals and micro companies. This segment serves through various channels, such as eBGZ and TeleBGZ Internet banking, TeleBGZ telephone banking, BGZOptima direct banking, and private banking. The co...

ul. Kasprzaka 10/16

Warsaw,  01-211

Poland

Founded in 1919

5,539 Employees

Key Executives for Bank Gospodarki Zywnosciowej Spolka Akcyjna

President of Management Board and Acting Chief Executive Officer
Age: 72
Total Annual Compensation: $624.0K
Vice President of Management Board
Total Annual Compensation: $1.5M
Vice President of Management Board
Age: 44
Total Annual Compensation: $1.2M
Vice President of Management Board
Total Annual Compensation: $990.0K
Vice President of Management Board
Age: 48
Total Annual Compensation: $977.0K
Compensation as of Fiscal Year 2013.

Bank Gospodarki Zywnosciowej Spolka Akcyjna Key Developments

Bank Gospodarki Ywnociowej S.A. Group Reports Consolidated and Separate Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Consolidated and Separate Impairment Charges for the Third Quarter Ended September 30, 2014

Bank Gospodarki ywnociowej S.A. Group reported consolidated and separate earning results for the third quarter and nine months ended September 30, 2014. For the quarter, on consolidated basis, the company reported net interest income of PLN 296,062,000 against PLN 254,084,000 a year ago. Net fee and commission income was PLN 80,368,000 against PLN 71,305,000 a year ago. Operating result was PLN 90,912,000 against PLN 67,324,000 a year ago. Profit before income tax was PLN 88,816,000 against PLN 66,136,000 a year ago. Net profit for the period - attributable to equity holders of the bank was PLN 68,766,000 or PLN 1.22 per diluted share against PLN 51,752,000 or PLN 1.01 per diluted share a year ago. For the nine months, on consolidated basis, the company reported net interest income of PLN 842,887,000 against PLN 732,795,000 a year ago. Net fee and commission income was PLN 234,157,000 against PLN 204,266,000 a year ago. Operating result was PLN 224,735,000 against PLN 172,804,000 a year ago. Profit before income tax was PLN 224,735,000 against PLN 170,302,000 a year ago. Net profit for the period - attributable to equity holders of the bank was PLN 177,264,000 or PLN 3.35 per diluted share against PLN 134,284,000 or PLN 2.63 per diluted share a year ago. Net cash from operating activities was PLN 2,319,843,000 against net cash used in operating activities of PLN 2,156,473,000 a year ago. Purchase of intangible assets, and property, plant and equipment was PLN 44,790,000 against PLN 53,620,000 a year ago. For the quarter, on separate basis, the company reported net interest income of PLN 296,578,000 against PLN 254,605,000 a year ago. Net fee and commission income was PLN 80,368,000 against PLN 71,305,000 a year ago. Operating result was PLN 91,458,000 against PLN 67,150,000 a year ago. Profit before income tax was PLN 91,458,000 against PLN 67,150,000 a year ago. Net profit for the period - attributable to equity holders of the bank was PLN 71,408,000 or PLN 1.27 per diluted share against PLN 52,766,000 or PLN 1.03 per diluted share a year ago. For the nine months, on separate basis, the company reported net interest income of PLN 844,427,000 against PLN 734,339,000 a year ago. Net fee and commission income was PLN 234,157,000 against PLN 204,266,000 a year ago. Operating result was PLN 225,334,000 against PLN 173,797,000 a year ago. Profit before income tax was PLN 225,234,000 against PLN 173,797,000 a year ago. Net profit for the period - attributable to equity holders of the bank was PLN 177,763,000 or PLN 3.36 per diluted share against PLN 137,779,000 or PLN 2.69 per diluted share a year ago. Net cash from operating activities was PLN 2,319,982,000 against net cash used in operating activities of PLN 2,156,245,000 a year ago. Purchase of intangible assets, and property, plant and equipment was PLN 44,790,000 against PLN 53,620,000 a year ago. The company reported consolidated and separate impairment charges for the third quarter ended September 30, 2014. For the quarter, on consolidated basis, the company reported net impairment losses on financial assets and contingent liabilities of PLN 44,230,000 against PLN 57,832,000 a year ago. For the quarter, on separate basis, the company reported net impairment losses on financial assets and contingent liabilities of PLN 44,184,000 against PLN 58,611,000 a year ago.

Bank Gospodarki Zywnosciowej Spolka Akcyjna to Report Q3, 2014 Results on Nov 07, 2014

Bank Gospodarki Zywnosciowej Spolka Akcyjna announced that they will report Q3, 2014 results on Nov 07, 2014

Bank Gospodarki Zywnosciowej Spolka Akcyjna, Special/Extraordinary Shareholders Meeting, Nov 17, 2014

Bank Gospodarki Zywnosciowej Spolka Akcyjna, Special/Extraordinary Shareholders Meeting, Nov 17, 2014.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 21, 2014
Bank Gospodarki Zywnosciowej SA, PLN 123 Million Mortgage Secured Portfolio of Receivables
Merger/Acquisition
October 10, 2014
BNP Paribas Bank Polska Spolka Akcyjna
 

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