July 24, 2017 4:59 AM ET

Banks

Company Overview of Alior Bank S.A.

Company Overview

Alior Bank S.A. provides banking products and services to individual and business customers in Poland. It operates through Retail, Corporate, and Treasury Activity segments. The company offers savings, personal, current, and auxiliary accounts, as well as term deposits; and cash, housing, car, working capital, and investment loans, as well as overdraft facilities and credit cards. It also provides brokerage products, investment funds, transaction services, and treasury products; and bancassurance and foreign currency products, as well as consulting and financial agency services. As of December 31, 2016, the company had 286 branches and 495 partner outlets, as well as a network of approximate...

ul. Lopuszanska 38 D

Warsaw,  02-232

Poland

Founded in 2008

10,245 Employees

Phone:

48 22 555 2222

Fax:

48 22 555 2323

Key Executives for Alior Bank S.A.

Vice-President of Management Board & Deputy CEO
Total Annual Compensation: 1.6M
Compensation as of Fiscal Year 2016.

Alior Bank S.A. Key Developments

PZU Reportedly Pondering Pekao/Alior Merger Without Unification

Powszechny Zaklad Ubezpieczen Spólka Akcyjna is reportedly seriously considering merging its two banks- Bank Pekao S.A. and Alior Bank S.A.- with the most likely scenario stipulating that both would retain their brands. According to PB, a group of managers associated with PM Beata Szydlo and Justice Minister Zbigniew Ziobro recently won the battle for control over PZU with Deputy PM Mateusz Morawiecki, which has led to new plans being drawn for how to deal with the insurance giant operating two banks. There are reportedly four scenarios: in the first, Alior continues as is, but stays clear of Pekao's market; in the second, Alior is sold; in the third, Pekao incorporates Alior, the two forming a single, low-cost entity; in the fourth, both are merged but retain their individual brands and characters: Alior dealing in retail and Pekao sticking to corporate and investment banking. PB's sources, the fourth option is the most likely as both banks could perfectly complement each other.

Alior Bank Announces Executive Appointments

Alior Bank has named two supervisory board members. The firm also designated Michal Jan Chyczewski to lead the management board until he is approved by the Polish regulators as president of the board. The supervisory board has appointed Urszula Krzyzanowska-Piekos, former MD of the Sales department and Celina Waleskiewicz, former general director of the Mergers & Electronic Channels Line. The new Management Board includes three promotions within the organisation and two members from outside Alior Bank.

Alior Bank Appoints Michal Chyczewski as CEO

Alior Bank tapped recently appointed board member Michal Chyczewski to become the bank's new CEO, pending approval from banking sector supervisors, then added two bank insiders to the board.

Similar Private Companies By Industry

Company Name Region
Bank Gospodarstwa Krajowego Europe
Bank Polskiej Spóldzielczosci S.A. Europe
Bank Przemyslowy Europe
Bank Spoldzielczy "Mazowsze" w Plocku Europe
Bank Spoldzielczy W Andrespolu Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 26, 2016
Alior Bank S.A., Debt portfolio
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
The Advertising Council, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Alior Bank S.A., please visit www.aliorbank.pl. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.