May 24, 2017 3:08 AM ET

Banks

Company Overview of Bank BPH SA

Company Overview

Bank BPH SA provides a range of banking products and services to individuals, small and medium enterprises, and corporate clients primarily in Poland. The company engages in receiving financial deposits, maintaining bank accounts, granting loans, executing bank monetary payments, and conducting banking activities. It operates through Retail Banking, Commercial Banking, and Assets & Liabilities Management and Other segments. The Retail Banking segment offers consumer loans, current account overdrafts and credit card limits, and mortgage loans; deposits, including saving products and sale of investment products, such as investment funds, structured products, and brokerage; and a range of curre...

ul. Towarowa 25A

Warsaw,  00-958

Poland

Phone:

58 300 70 01

Fax:

58 300 76 85

Key Executives for Bank BPH SA

Chief Executive Officer and Member of Management Board
Age: 46
Chief Risk Officer and Deputy President of The Board of Risk Management Division
Compensation as of Fiscal Year 2016.

Bank BPH SA Key Developments

Bank BPH to Move into Gdanski Business Center

HB Reavis has signed major lease agreements for Gdanski Business Center. Bank BPH, join as tenants in Building D, which opened in May 2016. Bank BPH joined Building D, occupying almost 730 sq m. The international consulting firm CBRE assisted on both leasing negotiations.

Warsaw Stock Exchange Decides To Suspend All Trade In BPH Shares

Alior Bank has announced a compulsory buyout of Bank BPH shares from minority shareholders. The transaction concerns a total of 442,923 shares that constitute 0.58 percent of BPH's capital. At PLN31.19 a piece, the buyout will take place on 23 September. At the moment, Alior Bank and GE Capital together control 99.4% of votes on BHP's shareholders meeting. Alior's bid for the minority shareholders' shares is part of a transaction aimed at acquiring BPH's core business, minus its mortgage portfolio and BPH TFI. The transaction should also help Alior reach its objective of becoming one of Poland's five or six biggest banks in the next few years. The transaction will probably be finalised in the fourth quarter of this year. With regard to the news of the compulsory buyout, the managing board of the Warsaw Stock Exchange decided to suspend all trade in BPH shares as of 20 September.

Bank BPH Announces Management Changes

Bank BPH named deputy CEO Grzegorz Jurczyk as replacement for the to-date CEO Richard Gaskin, who announced a conditional resignation along with five other management board members. Gaskin will step down upon completion of the demerger of BPH (in relation to its purchase by Alior Bank) and when the financial regulator approves the appointment of the new CEO. If the conditions for Gaskin's resignation are not met by the time his current term of office expires. Five other management board members who filed their resignations are: Grazyna Utrata, Andras Bende, Mariusz Kostera, Mariusz Bondarczuk and Krzysztof Nowaczewski.

Similar Private Companies By Industry

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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