Company Overview of Bank Ochrony Srodowiska S.A.
Bank Ochrony Srodowiska S.A. provides various banking products and services in Poland. The company operates through: Corporate Clients and Public Finance; Retail Clients; Treasury and Investment Activity; Brokerage Activity; and Other segments. It primarily engages in accumulating cash funds; granting loans; and providing clearing and other banking services, as well as financial advisory and consulting services. The company offers current accounts, credit products, and corporate loans; loans for funding green projects and promoting environmentally-friendly solutions, as well as for renewable energy sources and energy efficiency projects; factoring services; and loans to public sector clients...
Zelazna Street 32
Founded in 1990
Key Executives for Bank Ochrony Srodowiska S.A.
First Deputy President of the Management Board and Vice-President
Total Annual Compensation: $1.1M
Vice-President of The Management Board
Total Annual Compensation: $519.0K
Chairman of Management Board
Total Annual Compensation: $515.0K
Compensation as of Fiscal Year 2014.
Bank Ochrony Srodowiska S.A. Key Developments
Bos Bank Announces Earnings Results for the Third Quarter of 2015; Reports Net Impairments for Third Quarter of 2015
Nov 5 15
BOS bank announced earnings results for the third quarter of 2015. The company announced attributable net loss was PLN 7.4 million in third quarters of 2015 from a PLN 23 million profit in third quarter 2014. Net interest income was PLN 66.9 million compared to PLN 71.3 million for the same period a year ago. Operating loss was PLN 6.1 million compared to operating income of PLN 30.2 million for the same period a year ago. Pre-tax loss was PLN 6.1 million compared to pre-tax profit of PLN 30.2mn million for the same period a year ago.
The company reported net impairments were PLN 30.6 million in third quarter of 2015.
BOS Bank Reports Earnings Results for the Second Quarter of 2015; Reports Impairment Charges for the Second Quarter of 2015
Aug 19 15
BOS Bank reported earnings results for the second quarter of 2015. For the quarter, the company reported attributable net profit of PLN 3.4 million in, a decline from PLN 26 million net profit in the prior year period. In core earnings, net interest income of PLN 61 million rose by 2% compared to the previous quarter, but was still down by 20.3% from the prior-year figure. Pre-tax profit was PLN 3.2 million.
For the second quarter of 2015, the company reported impairment charges of PLN 21.5 million.
PZU Reportedly Eyeing Ochrony Srodowiska Before BPH
Jul 23 15
Powszechny Zaklad Ubezpieczen Spólka Akcyjna (WSE:PZU) (PZU) is planning to acquire Bank BPH SA (WSE:BPH). PAP reported that PZU may acquire Bank BPH from General Electric Company (NYSE:GE), before purchasing Bank Ochrony Srodowiska S.A. (WSE:BOS). PZU could acquire BPH by the end of 2015, PAP reported citing a source as saying so. Source added that General Electric is under pressure to divest as many of its worldwide assets as possible in 2015 and after closing the possible BPH deal, PZU plan could see it looking into a Bank Ochrony Srodowiska.
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