Europejski Fundusz Leasingowy SA. Company profile

Size: px
Start display at page:

Download "Europejski Fundusz Leasingowy SA. Company profile"

Transcription

1 Europejski Fundusz Leasingowy SA Company profile August 2011

2 Crédit Agricole Group The leader of retail banking in France One of the largest universal retail banks in Europe The leader on the factoring and leasing market in France Third position in Europe and eight position in the world in terms of asset management The leader of the European market of financial services for institutional customers The European leader on the banking insurance and consumer loan market The key player on the private banking market 2 Source: CA Group, December 2010

3 Crédit Agricole Group in numbers EUR b. Profit EUR 71.5 b. Equity capital 10.3% Solvency ratio (TIER 1) 54 m. Number of customers 1.2 m. Number of shareholders 6.1 m. Cooperative shareholders 160,000 Employees in the world 70 Number of countries 3 Source: CA Group, December 2010

4 Crédit Agricole Polska Group PLN m. PLN 2.4 b. Group s profit Group s equity capital 2.3 m. Number of active customers 6,300 Employees 532 Number of branches 4 Source: CA Group, December 2010

5 Crédit Agricole brands in Poland Lukas Bank Europejski Fundusz Leasingowy SA Crédit Agricole Ubezpieczenia na Życie Crédit Agricole Corporate & Investment Bank 5

6 EFL Group Offers leasing of all types of assets; The Retail Leasing business line is dedicated to the provision of services to customers from the SME sector. The Corporate Leasing business line deals with capital groups, institutions and large enterprises. Functions as an insurance agency through which leased fixed assets and lessees are insured. In addition, it offers loans for the purchase of fixed assets for farmers and entrepreneurs operating in the medical industry. Specialises in managing g car fleets and long-term lease of vehicles. It also offers vehicle financing and service. Supports CA Group in the area of property management and collection of liabilities to EFL. Factoring company 6

7 Europejski Fundusz Leasingowy SA Number 1 on the leasing market 230,000 Number of customers 530,000 Number of signed agreements 80,000 Number of cooperating entities PLN 29 b. Value of financed investments 7

8 Europejski Fundusz Leasingowy SA 20 years of cooperation with suppliers 230,000 Number of entities cooperating with EFL 85,000 Number of our partners customers financed by EFL 130,000 Number of agreements with our partners customers PLN 14 b. Value of financing provided to our partners customers 8

9 Europejski Fundusz Leasingowy SA Leading suppliers Vehicles Machinery and equipment Agro market IT Insurance companies 9

10 Europejski Fundusz Leasingowy SA National distribution network 2 business lines Corporate Leasing Retail Leasing 25 branches 7 offices 64 agents 320 merchants 10

11 Europejski Fundusz Leasingowy SA Sound financial basis Fitch Rating A+ Diversified sources of financing Leader of financing with the support of EU institutions 11

12 Europejski Fundusz Leasingowy SA Prizes and awards Customer-Friendly Company (2011) Company of High Reputation (2010) Pearl of the Polish Economy y( (2010) Winner of the Book of Lists ranking (2010, 2011) Winner of the ranking of Rzeczpospolita daily (2010) Gold and Diamond Prosperita (2008, 2011) Award of the Forbes Magazine (2006) The Best Partner in Business (2005) 12

13 Retail Leasing Line Mission Support the development of small and medium enterprises by creating a safe, efficient and accessible investment financing system. 13

14 Retail Leasing Line Range Vehicle lease Machinery and IT lease Leasing and loans Leasing and loans equipment lease for physicians for farmers Fuel Cards Property lease Assistance and motor vehicle insurance CFM and car loans 14

15 Retail Leasing Line Range Leasing 15 Types: operating and financial Currency: PLN, denominated and foreign currency: EUR and CHF Interest rate: fixed and floating Procedures: standard and simplified Equipment: new and used Loan Currency: PLN Interest rate: fixed and floating Procedures: standard and simplified Equipment: new and used For farmers and physicians

16 Retail Leasing Line Range Motor car and light goods vehicle market Leasing under the simplified Express procedure Car loan at LUKAS Bank VAT margin capital leasing - used cars Fuel card Insurance (EFLkomunikacja, EFLochrona prawna, EFLassistance, EFLżycie, EFLgwarancje) 16

17 Retail Leasing Line Range Truck market Leasing under the simplified Express procedure Leasing under the EURO ntsl procedure Leasing under the EURO TSL+ procedure Leasing under the off the yard procedure Insurance (EFLkomunikacja, EFLochrona prawna, EFLżycie) 17

18 Retail Leasing Line Range IT equipment, software and licence market Leasing under the simplified ITexpress procedure Leasing for lawyers under the simplified EUROPRAWO procedure Insurance (EFLmajątek, EFLżycie) 18

19 Retail Leasing Line Range Machinery and equipment market Leasing of building equipment under the simplified EUROBUD procedure Leasing of forklift trucks under the simplified EUROLIFT procedure Leasing of equipment for vehicle inspection centres Leasing of agricultural equipment under the special AGROleasing procedure Leasing of medical devices and surgery equipment - EUROMED VAT margin capital leasing of used agricultural machinery Loan for absorption of EU funds and the like (farmers and physicians) Insurance (EFLmajątek, EFLżycie) 19

20 Corporate Leasing Line Mission Be the leader on the Polish corporate leasing market, actively supporting customers development through financing a wide range of investment needs with flexible financial solutions. 20

21 Corporate Leasing Line Range Individual terms and conditions of cooperation Professional consulting services Services provided by dedicated specialists Comprehensive financing of investment needs 21

22 Corporate Leasing Line Key areas of activity Transport Renewable energy industry Fixed property 22

23 Corporate Leasing Line Advantages Sound capital base arising from affiliation to Crédit Agricole Group one of the largest financial institutions in the world Access to experience of experts of Crédit Agricole Leasing the largest leasing company in France Close cooperation with other entities included d in Crédit Group in Poland: Crédit Agricole Corporate & Investment Bank, Crédit Agricole Bank Polska, Lukas Bank, Carefleet, Crédit Agricole Commercial Finance 23

24 Leasing market in Poland Total net value of lease of movables in (in PLN b.) * Source: ZPL 2011; *forecast

25 Leasing market in Poland Leasing market after 1H 2011 EFL; 10.4% Other; 33.8% Raiffeisen; 9.2% BRE; 8.7% Millennium; 6.5% Getin; 3.9% VB Leasing; 4.3% ING; 4.5% Pekao; 4.6% Bankowy; 5.3% BZ WBK; 5.1% With a market share of 10.4%, EFL is the leader of the leasing market. The net value of the market as at the end of 1H 2011 amounted to PLN 14.5 b. 25 Source: ZPL 2011

26 Leasing market in Poland Machinery and equipment market after 1H 2011 EFL; 8.9% BRE; 8.2% Other; 35.1% BZ WBK; 7.4% Millennium; 7.1% ING; 4.8% Raiffeisen; 6.4% BNP Paribas; 5.0% Bankowy; 5.4% SG Equipment; 5.6% Siemens Finance; 6.0% With a market share of 8.9%, EFL is the market leader. The net value of the market as at the end of 1H 2011 amounted to PLN 5 06 b 26

Leasing market in Poland in IQ of 2009. Warszawa, April 2009

Leasing market in Poland in IQ of 2009. Warszawa, April 2009 Leasing market in Poland in IQ of Warszawa, April Members of the Polish Leasing Association Bankowy Fundusz Leasingowy S.A. BGś Leasing Sp. z o.o. BNP Paribas Lease Group Sp. z o.o. BRE Leasing Sp. z o.o.

More information

Leasing Industry in Poland Leasing Life European Conference Warsaw 2014. Mieczysław Woźniak Vice Chairman of the Polish Leasing Association

Leasing Industry in Poland Leasing Life European Conference Warsaw 2014. Mieczysław Woźniak Vice Chairman of the Polish Leasing Association Leasing Industry in Poland Leasing Life European Conference Warsaw 2014 Mieczysław Woźniak Vice Chairman of the Polish Leasing Association Polish leasing market 1995 2013 milestones Leasing defined in

More information

Introduction to mbank Group The most successful organic growth story in Poland

Introduction to mbank Group The most successful organic growth story in Poland Introduction to mbank Group The most successful organic growth story in Poland August 2015 mbank Group in a snapshot General description Key financial data (PLN M) Set up in 1986, mbank (originally BRE

More information

Integration of Bank Pekao SA and Bank BPH SA. Warsaw, 16 November 2006

Integration of Bank Pekao SA and Bank BPH SA. Warsaw, 16 November 2006 Integration of Bank Pekao SA and Bank BPH SA Warsaw, 16 November 2006 AGENDA 1 Integration summary 2 Spin off Plan 3 New Pekao the clear market leader 4 New BPH platform for growth 5 Next steps 1 PREPARATION

More information

The Polish economy and banking sector perspectives as seen from Q IV 2011 Bank financing and the Polish energy sector.

The Polish economy and banking sector perspectives as seen from Q IV 2011 Bank financing and the Polish energy sector. The Polish economy and banking sector perspectives as seen from Q IV 2011 Bank financing and the Polish energy sector. Warsaw, 29 th November 2011 Emilii Plater 53 Table of contents Polish economy...........

More information

GETIN NOBLE BANK GROUP

GETIN NOBLE BANK GROUP GROUP FINANCIAL RESULTS FOR THE FIRST HALF OF 2012 Presentation of audited financial results for investors and analysts Warsaw, August 10 th, 2012 INTRODUCTION We are consistently pursuing our strategic

More information

Interim Abbreviated Consolidated Financial Statements of BNP Paribas Bank Polska SA Group for the Third Quarter 2011

Interim Abbreviated Consolidated Financial Statements of BNP Paribas Bank Polska SA Group for the Third Quarter 2011 Interim Abbreviated Consolidated Financial Statements of BNP Paribas Bank Polska SA Group for the Third Quarter 2011 BNP Paribas Bank Polska SA with its registered office at ul. Suwak 3, registered with

More information

Good year. Bank Zachodni WBK Group performance for 2009. Warszawa, 2 nd March 2010

Good year. Bank Zachodni WBK Group performance for 2009. Warszawa, 2 nd March 2010 Good year Bank Zachodni WBK Group performance for 2009 Warszawa, 2 nd March 2010 Disclaimer This presentation as regards the forward looking statements is exclusively informational in nature and cannot

More information

Abbreviated Interim Separate Financial Statements of BNP Paribas Bank Polska SA for the first half of 2012

Abbreviated Interim Separate Financial Statements of BNP Paribas Bank Polska SA for the first half of 2012 Abbreviated Interim Separate Financial Statements of BNP Paribas Bank Polska SA for the first half of 2012 BNP Paribas Bank Polska SA with its registered office at ul. Suwak 3, registered with the District

More information

The assessment of Getin Noble Bank S.A. situation including the assessment of the internal control system

The assessment of Getin Noble Bank S.A. situation including the assessment of the internal control system The assessment of Getin Noble Bank S.A. situation including the assessment of the internal control system and the risk management system essential for the Company made by the Supervisory Board of Getin

More information

Merger of BZ WBK and Kredyt Bank February 2012

Merger of BZ WBK and Kredyt Bank February 2012 1 Merger of BZ WBK and Kredyt Bank February 2012 Disclaimer 2 This Investor Presentation contains forward-looking statements. These forward looking statements are found in various places throughout this

More information

The ING Foundation for Polish Arts

The ING Foundation for Polish Arts ING COMMERCIAL FINANCE POLAND ANNUAL REPORT 2011 The ING Foundation for Polish Arts All images presented in Annual Report belong to The ING Foundation for Polish Arts. The ING Foundation for Polish Arts

More information

THREE MONTH REPORT, JANUARY 1 MARCH 31, 2014

THREE MONTH REPORT, JANUARY 1 MARCH 31, 2014 THREE MONTH REPORT, JANUARY 1 MARCH 31, 2014-1 - First Quarter, January March 2014 Net sales amounted to 0 Euro (0) Operating profit/loss amounted to -42 007 Euro (-12 094) Net profit/loss for the period

More information

mbank Group s IR monthly

mbank Group s IR monthly Note: Due to rebranding process, the Bank s ticker on the WSE changed to MBK. Share price performance summary In November mbank s share price increased by 9.22%, while the WIG Banks index increased by

More information

THE UNIVERSAL CUSTOMER-FOCUSED BANK

THE UNIVERSAL CUSTOMER-FOCUSED BANK @Credit_Agricole THE UNIVERSAL CUSTOMER-FOCUSED BANK 2014 KEY FIGURES PROFILE A LEADING BANKING GROUP Crédit Agricole Group is the leading partner of the French economy and one of the largest banking groups

More information

Group's financial performance Getin Holding

Group's financial performance Getin Holding Tytuł testowy Group's financial performance Getin Holding H1 2013 Warsaw, 30 August 2013 Getin Holding Group Main events of the quarter and half year in a nutshell PLN 64.0 million net profit 1) for Q2

More information

THREE MONTH REPORT, JANUARY 1 MARCH 31, 2012

THREE MONTH REPORT, JANUARY 1 MARCH 31, 2012 THREE MONTH REPORT, JANUARY 1 MARCH 31, 2012 1 First Quarter, January March 2012 Net sales amounted to 276 306 Euro Operating loss amounted to 765 548 Euro Losses after taxes amounted to 765 548 Euro Losses

More information

Volkswagen Financial Services AG

Volkswagen Financial Services AG Volkswagen Financial Services AG Klaus-Dieter Schürmann Member of the Board of Management Morgan Stanley 7 th Annual European Automotive Conference 29 June 2004 2 Volkswagen Financial Services AG Introduction

More information

BANK PEKAO S.A. GENERAL PICTURE

BANK PEKAO S.A. GENERAL PICTURE BANK PEKAO S.A. GENERAL PICTURE Disclaimer This presentation (the Presentation ) has been prepared by Bank Polska Kasa Opieki Spółka Akcyjna ( Bank ) for the clients, shareholders and financial analysts.

More information

Information on the appointed Members of the Supervisory Board:

Information on the appointed Members of the Supervisory Board: GETIN Holding S.A. ul. Gwiaździsta 66, 53-413 Wrocław tel. +48 71 797 77 77, fax +48 71 797 77 16 KRS 0000004335 District Court in Wrocław, the 6th Commercial Division of the National Court Register Getin

More information

Polish Covered Bond Market

Polish Covered Bond Market Polish Covered Bond Market Prospects for future growth 16 th October 2014 Warsaw Mortgage banks in Poland Key financial data Total assets (in PLN M) 4706,6 Loans and advances to customers 4117,0 CAR 15,00%

More information

Impressive beginning of the year. IQ 2006 BZWBK Group Performance

Impressive beginning of the year. IQ 2006 BZWBK Group Performance Impressive beginning of the year IQ 26 BZWBK Group Performance 2 April 26 1 IQ 26 IQ 25 IQ26 Change Gross profit 156.7m 239.1m +52.6% Net profit 122.9m 191.m +55.7% Profit attributed to shareholders 119.3m

More information

INTERIM FINANCIAL STATEMENTS OF THE PKO BANK POLSKI SA GROUP FOR THE FIRST QUARTER OF 2008

INTERIM FINANCIAL STATEMENTS OF THE PKO BANK POLSKI SA GROUP FOR THE FIRST QUARTER OF 2008 PKO BANK POLSKI SPÓŁKA AKCYJNA INTERIM FINANCIAL STATEMENTS OF THE PKO BANK POLSKI SA GROUP FOR THE FIRST QUARTER OF 2008 Prepared in accordance with International Financial Reporting Standards CONTENTS

More information

PKO Bank Polski SA Group

PKO Bank Polski SA Group PKO Bank Polski SA Group LEADER ON THE STABLE MARKET October 2012 1. PKO Bank Polski: The Leading Polish and CEE Bank 2. Operating Environment 3. Continued Strong Financial Performance 4. Focused Strategy

More information

Focus on Crédit Agricole Leasing & Factoring

Focus on Crédit Agricole Leasing & Factoring Focus on Crédit Agricole & Crédit Agricole &, financing at the heart of the real economy, for our clients and our partners. Crédit Agricole &, at the heart of the real economy Formed with the alliance

More information

Leasing in Europe & Beyond: State of Play & Outlook. Bucharest November 2014

Leasing in Europe & Beyond: State of Play & Outlook. Bucharest November 2014 Leasing in Europe & Beyond: State of Play & Outlook Bucharest November 2014 Agenda 1 - Leasing in Europe & beyond 2 - State of the industry 3 - Industry performance 4 - Outlook for the future 1- Leasing

More information

OPEN FINANCE 2015 GROUP RESULTS. Presentation of financial results for investors and analysts

OPEN FINANCE 2015 GROUP RESULTS. Presentation of financial results for investors and analysts OPEN FINANCE 2015 GROUP RESULTS Presentation of financial results for investors and analysts Warsaw, March 17, 2016 BASIC FINANCIAL INFORMATION - OPEN FINANCE GROUP CHANGE DATA AT THE END OF 4TH QUARTER

More information

Report on the approval of the Appraisal Report of the Supervisory Board on the Financial Statements of BGŻ BNP Paribas S.A.

Report on the approval of the Appraisal Report of the Supervisory Board on the Financial Statements of BGŻ BNP Paribas S.A. Report on the approval of the Appraisal Report of the Supervisory Board on the Financial Statements of BGŻ BNP Paribas S.A. including the Brokerage House, Management Board Report on the Bank s activity,

More information

CREDIT AGRICOLE - CREDIT LYONNAIS

CREDIT AGRICOLE - CREDIT LYONNAIS CREDIT AGRICOLE - CREDIT LYONNAIS CREDIT AGRICOLE - CREDIT LYONNAIS The emergence of a major European banking group A historic vocation as a full service bank A strong ambition to develop all its businesses

More information

Polbank EFG Acquisition Overview. Conference Call 4th February 2011

Polbank EFG Acquisition Overview. Conference Call 4th February 2011 Polbank EFG Acquisition Overview Conference Call Disclaimer Certain statements contained herein may be statements of future expectations and other forward-looking statements about RBI and its affiliates,

More information

About Transferuj.pl PAYMENTS SECURITY FAVORABLE PRICES THE WIDEST SPECTRUM OF PAYMENT METHODS THE FINEST QUALITY AUTOMATION

About Transferuj.pl PAYMENTS SECURITY FAVORABLE PRICES THE WIDEST SPECTRUM OF PAYMENT METHODS THE FINEST QUALITY AUTOMATION About Transferuj.pl Transferuj.pl Online Payment System belongs to Krajowy Integrator Płatności Inc. The company s mission is to introduce and promote innovative payment methods and solutions ensuring

More information

WE RE AT YOUR SIDE BNP PARIBAS GROUP IN LUXEMBOURG. Data up to date as at 31/12/2011

WE RE AT YOUR SIDE BNP PARIBAS GROUP IN LUXEMBOURG. Data up to date as at 31/12/2011 WE RE AT YOUR SIDE BNP PARIBAS GROUP IN LUXEMBOURG 2012 Data up to date as at 31/12/2011 BNP Paribas in Luxembourg Established since 1919 4,000 employees 3 business areas: Retail Banking, Investment Solutions,

More information

GDP growth slowdown, labour market revival

GDP growth slowdown, labour market revival Three quarters of 2007: Growth momentum sustained in all business lines BZWBK Group performance for 3Q 2007 November 2007 GDP growth slowdown, labour market revival Quarterly economic indicators, %YoY

More information

Getin Holding Group s Financial Results for the first 9 months of 2011

Getin Holding Group s Financial Results for the first 9 months of 2011 Getin Holding Group s Financial Results for the first 9 months of 2011 a presentation of unaudited financial results for investors and analysts Warsaw, 10 November 2011 Disclaimer This presentation ( Presentation

More information

Bank Zachodni WBK S.A. (BZW) : Company Profile and SWOT Analysis

Bank Zachodni WBK S.A. (BZW) : Company Profile and SWOT Analysis Brochure More information from http://www.researchandmarkets.com/reports/2358110/ Bank Zachodni WBK S.A. (BZW) : Company Profile and SWOT Analysis Description: This "Bank Zachodni WBK S.A. (BZW) : Company

More information

Investor Presentation June 30, 2012

Investor Presentation June 30, 2012 Investor Presentation June 30, 2012 Leasing Sector in Turkey 3 ADVANTAGES OF LEASING 1 % VAT on selected machinery. (Finance Ministry decree dated 27/12/2011) Expertise on SMEs, consultancy and know-how

More information

Profile RETAIL BANKING INVESTMENT SOLUTIONS CORPORATE AND INVESTMENT BANKING

Profile RETAIL BANKING INVESTMENT SOLUTIONS CORPORATE AND INVESTMENT BANKING 2012 AT A GLANCE Profile Whether across Europe or around the globe, BNP Paribas provides all its clients with the banking solutions they need to achieve their goals. Our branches and offices in 80 countries

More information

Investor Presentation December 31, 2013

Investor Presentation December 31, 2013 Investor Presentation December 31, 2013 Leasing Sector in Turkey 3 LEASING 1 % VAT on selected machinery. (Finance Ministry decree dated 27/12/2011) New Leasing Law approved(13/12/2012,law no: 6361). Product

More information

Interim Condensed Consolidated Financial Statements for the three months ended 31 March 2006. NFI Empik Media & Fashion S.A. and its subsidiaries

Interim Condensed Consolidated Financial Statements for the three months ended 31 March 2006. NFI Empik Media & Fashion S.A. and its subsidiaries Interim Condensed Consolidated Financial Statements for the three months ended 31 March 2006 NFI Empik Media & Fashion S.A. and its subsidiaries Interim Condensed Consolidated Financial statements for

More information

REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS OF GETIN NOBLE BANK S.A. FOR THE 2012 FINANCIAL YEAR

REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS OF GETIN NOBLE BANK S.A. FOR THE 2012 FINANCIAL YEAR REPORT ON THE AUDIT OF THE FINANCIAL STATEMENTS OF GETIN NOBLE BANK S.A. FOR THE 2012 FINANCIAL YEAR I. GENERAL INFORMATION 1. Details of the audited Bank The Company operates under the business name Getin

More information

OPINION OF AN INDEPENDENT AUDITOR ON THE EXAMINATION OF SPIN-OFF PLAN concerning Bank BPH Spółka Akcyjna in Cracow

OPINION OF AN INDEPENDENT AUDITOR ON THE EXAMINATION OF SPIN-OFF PLAN concerning Bank BPH Spółka Akcyjna in Cracow Cracow, 8 th January 2007 Janina Niedośpiał ul. Słomiana 13/60 30-316 Cracow Chartered auditor 2729/2068 Court-appointed auditor Regional Court For Cracow Śródmieście in Cracow XIth Business Department

More information

BANK PEKAO S.A. GENERAL PICTURE

BANK PEKAO S.A. GENERAL PICTURE BANK PEKAO S.A. GENERAL PICTURE Disclaimer This presentation (the Presentation ) has been prepared by Bank Polska Kasa Opieki Spółka Akcyjna ( Bank ) for the clients, shareholders and financial analysts.

More information

Management Board Report on the Activities of Nordea Bank Polska S.A. in 2011

Management Board Report on the Activities of Nordea Bank Polska S.A. in 2011 Management Board Report on the Activities of Nordea Bank Polska S.A. in 2011 Table of contents Title page A. GENERAL PART... 4 1. Overview of basic business and financial information... 4 2. Key factors

More information

Gerry Byrne Country Head Poland

Gerry Byrne Country Head Poland Gerry Byrne Country Head Poland Bank Zachodni WBK S.A. ( BZ WBK ) and Banco Santander, S.A. ("Santander") both caution that this presentation contains forward-looking statements. These forward-looking

More information

Residential market in Poland Q2 2008

Residential market in Poland Q2 2008 Residential market in Poland Q2 28 Supply 2 In the first half of 28 an inversion in the supply-demand dynamic was witnessed in the Polish residential market. Throughout the recent period of prosperity

More information

Annual Report 2007 COMMERCIAL FINANCE WWW.INGCOMFIN.PL

Annual Report 2007 COMMERCIAL FINANCE WWW.INGCOMFIN.PL 2007 Annual Report 2007 COMMERCIAL FINANCE WWW.INGCOMFIN.PL It is with pleasure that I present to you the Annual Report of 2007 which describes the activity of ING Commercial Finance Polska S.A. Last year

More information

2013 AT A GLANCE. A responsible bank, committed to you

2013 AT A GLANCE. A responsible bank, committed to you 2013 AT A GLANCE A responsible bank, committed to you ProfilE Whether across Europe or around the globe, BNP Paribas provides all its clients with the banking solutions they need to achieve their goals.

More information

BANK ZACHODNI WBK S.A. GROUP WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2014 FINANCIAL YEAR WITH AUDITOR S OPINION AND

BANK ZACHODNI WBK S.A. GROUP WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2014 FINANCIAL YEAR WITH AUDITOR S OPINION AND WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2014 FINANCIAL YEAR WITH AUDITOR S OPINION AND AUDIT REPORT TABLE OF CONTENTS AUDITOR S OPINION... 3 REPORT ON THE AUDIT OF THE CONSOLIDATED

More information

Presentation of the Company January 2012

Presentation of the Company January 2012 MAGELLAN S.A. Presentation of the Company January 2012 Disclaimer This presentation is of solely informative nature and is aimed at presenting selected information about MAGELLAN Spółka Akcyjna (hereafter

More information

COMMERCIAL FINANCE COMMERCIAL FINANCE WWW.INGCOMFIN.PL WWW.INGCOMFIN.PL

COMMERCIAL FINANCE COMMERCIAL FINANCE WWW.INGCOMFIN.PL WWW.INGCOMFIN.PL www.ingcomfin.pl Annual report 2008 COMMERCIAL FINANCE COMMERCIAL FINANCE WWW.INGCOMFIN.PL WWW.INGCOMFIN.PL Dear Sir or Madam, I am pleased to present you with the Annual Report summing up the operations

More information

Insights into the European Leasing Market. Jean-Marc Mignerey Leaseurope Board Member

Insights into the European Leasing Market. Jean-Marc Mignerey Leaseurope Board Member Insights into the European Leasing Market Jean-Marc Mignerey Leaseurope Board Member Cannes 2012 Global Leasing Markets in 2011 Canada 16% CFLA 27 bil US 11% Leaseurope 232 bil Japan JLA 41 bil 13% ELFA

More information

PRESS RELEASE. BNP Paribas announces intent to acquire BNL

PRESS RELEASE. BNP Paribas announces intent to acquire BNL Paris, 3 February 2006 PRESS RELEASE BNP Paribas announces intent to acquire BNL BNL would become a key part of a global banking group with an outstanding European base and two home markets. BNP Paribas,

More information

BOŚ S.A. GROUP 1H 2012

BOŚ S.A. GROUP 1H 2012 BOŚ S.A. GROUP 1H 2012 PU\Warsaw\Bos\C20120377 Agenda 1. Key information about BOŚ S.A. Group 2. BOŚ S.A. Group in 1H 2012 Appendices 2 3 Key information about BOŚ S.A. Group BOŚ S.A. Group Bank structure

More information

Helvetia Group Business Profile

Helvetia Group Business Profile Helvetia Group Business Profile Who we are Strong value proposition for customers Switzerland 4 th largest insurance group Niche position in selected European markets Focussed on retail and SMU customers

More information

GROWTH BY COMBINING BEST PRACTICES

GROWTH BY COMBINING BEST PRACTICES GROWTH BY COMBINING BEST PRACTICES L. Lovaglio General Manager at Bank Pekao AGENDA Poland macroeconomic and banking sector scenario The creation of New Pekao New Pekao strategic initiatives Strategy for

More information

BANK PEKAO S.A. GENERAL PICTURE

BANK PEKAO S.A. GENERAL PICTURE BANK PEKAO S.A. GENERAL PICTURE Disclaimer This presentation (the Presentation ) has been prepared by Bank Polska Kasa Opieki Spółka Akcyjna ( Bank ) for the clients, shareholders and financial analysts.

More information

This document is a translation of a document originally issued in Polish. The only binding version is the original Polish version.

This document is a translation of a document originally issued in Polish. The only binding version is the original Polish version. Independent Registered Auditor s Opinion To the General Meeting of Shareholders and the Supervisory Board of Powszechna Kasa Oszczędności Bank Polski SA We have audited the accompanying consolidated financial

More information

Ranking of the Largest European Insurance Groups 2012. Total, Life and Non-Life

Ranking of the Largest European Insurance Groups 2012. Total, Life and Non-Life Ranking of the Largest European Insurance Groups 2012 Total, Life and Non-Life November 2013 Total Ranking In an environment marked by economic problems and low interest rates, the ten largest European

More information

PKO Bank Polski Company profile and strategic update

PKO Bank Polski Company profile and strategic update PKO Bank Polski Company profile and strategic update July 2014 PKO Bank Polski - the leading bank in Poland Universal Polish bank established in 1919, since 1950 operated as the PKO State-owned bank, in

More information

SURVEY OF INVESTMENT REGULATION OF PENSION FUNDS. OECD Secretariat

SURVEY OF INVESTMENT REGULATION OF PENSION FUNDS. OECD Secretariat SURVEY OF INVESTMENT REGULATION OF PENSION FUNDS OECD Secretariat Methodological issues The information collected concerns all forms of quantitative portfolio restrictions applied to pension funds in OECD

More information

Notes to the Quarterly Report for Q4 FY03 1. Accounting principles adopted in the preparation of the quarterly report; information on changes in adopted accounting principles The report has been drawn

More information

PEKAES Group implements strategic objectives

PEKAES Group implements strategic objectives PEKAES Group implements strategic objectives Błonie, 20 March 2012 Structure of PEKAES Group and planned changes Capital Group 100% - agreement for sale 47% - remains in PEKAES Group PEKAES Transport 99%

More information

Local Financing Institutions and Banks Loan Product Summary for Ghanaian Banks and Financial Institutions

Local Financing Institutions and Banks Loan Product Summary for Ghanaian Banks and Financial Institutions Local Financing Institutions and Banks Loan Product Summary for Ghanaian Banks and Financial Institutions Source: Africa Project Development (APDF), http://www.gipc.org.gh/ipa_information.asp?hdngroupid=8&hdnlevelid=4

More information

BANK ZACHODNI WBK S.A. CAPITAL GROUP WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2015 FINANCIAL YEAR

BANK ZACHODNI WBK S.A. CAPITAL GROUP WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2015 FINANCIAL YEAR BANK ZACHODNI WBK S.A. CAPITAL GROUP WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2015 FINANCIAL YEAR WITH AUDITOR S OPINION AND AUDIT REPORT TABLE OF CONTENTS AUDITOR S OPINION... 3 REPORT

More information

Financial results of 2013 Outlook 2014+ 12 March 2014

Financial results of 2013 Outlook 2014+ 12 March 2014 Financial results of 2013 Outlook 2014+ 12 March 2014 DUON benefits from liberalisation of electric energy and gas markets: summary of 2013 +56% increase of revenues to almost PLN 400 m +54% increase of

More information

ALIOR BANK S.A. Results presentation 1H 2013. Sustainable development in challenging environment

ALIOR BANK S.A. Results presentation 1H 2013. Sustainable development in challenging environment ALIOR BANK S.A. Results presentation 1H 2013 Sustainable development in challenging environment August 8th, 2013 Q2 2013 HIGHLIGHTS Without one-off insurance periodization Q2 net result 105 M PLN (+14

More information

QUARTERLY REPORT AS OF 31.03.06 (CONSOLIDATED ACCOUNTS)

QUARTERLY REPORT AS OF 31.03.06 (CONSOLIDATED ACCOUNTS) CARRARO S.p.A. Registered offices in Via Olmo 37, Campodarsego, Padua, Italy Share capital Euro 21,840,000 fully paid in Tax code, VAT No. and enrolment in the Padua Companies Register under No. 00202040283

More information

The PKO Bank Polski SA Group Directors Report for the year 2014

The PKO Bank Polski SA Group Directors Report for the year 2014 The PKO Bank Polski SA Group Directors Report for the year 2014 Report publication date: 16 March 2015 TABLE OF CONTENTS 1. Introduction...4 1.1 Characteristics of the PKO Bank Polski SA Group activity...4

More information

BNP Paribas Bank Polska Group

BNP Paribas Bank Polska Group BNP Paribas Bank Polska Group 2013 YTD & Quarterly Results "Delivering on our Underlying Strategy" Warsaw, 11 th March 2014 Disclaimer This presentation has been prepared by BNP Paribas Bank Polska S.A.

More information

PKO Bank Polski The Best Every Day. Presentation of the PKO Bank Polski Strategy Warsaw, 3 April 2013

PKO Bank Polski The Best Every Day. Presentation of the PKO Bank Polski Strategy Warsaw, 3 April 2013 PKO Bank Polski The Best Every Day Presentation of the PKO Bank Polski Strategy Warsaw, 3 April 2013 Vision and strategic objectives Competitive environment Strategic initiatives Acquisitions and alliances

More information

Notes to the consolidated financial statements continued

Notes to the consolidated financial statements continued 144 www.ocadogroup.com Stock Code: OCDO to the consolidated financial statements continued 4.5 instruments Accounting policies assets and financial liabilities are recognised on the balance sheet when

More information

MAKING YOUR PROJECTS REAL SOCIETE GENERALE EQUIPMENT FINANCE AT A GLANCE

MAKING YOUR PROJECTS REAL SOCIETE GENERALE EQUIPMENT FINANCE AT A GLANCE 2013 MAKING YOUR PROJECTS REAL SOCIETE GENERALE EQUIPMENT FINANCE AT A GLANCE Our profile We, Societe Generale Equipment Finance, are part of the French banking group Societe Generale and are a leading

More information

Go Further 1Q 2015 FIXED INCOME REVIEW APRIL 28, 2015

Go Further 1Q 2015 FIXED INCOME REVIEW APRIL 28, 2015 Go Further 1Q 2015 FIXED INCOME REVIEW APRIL 28, 2015 FORD CREDIT 1Q 2015 OPERATING HIGHLIGHTS* Another strong performance with pre-tax profit of $483 million and net income of $306 million Managed receivables

More information

PKO Bank Polski The Best Every Day. Presentation of the PKO Bank Polski Strategy Warsaw, 3 April 2013

PKO Bank Polski The Best Every Day. Presentation of the PKO Bank Polski Strategy Warsaw, 3 April 2013 PKO Bank Polski The Best Every Day Presentation of the PKO Bank Polski Strategy Warsaw, 3 April 2013 Vision and strategic objectives Competitive environment Strategic initiatives Acquisitions and alliances

More information

PRESS RELEASE 9M 2015 results Ageas UK, 4 November 2015

PRESS RELEASE 9M 2015 results Ageas UK, 4 November 2015 PRESS RELEASE 9M 2015 results Ageas UK, 4 November 2015 Ageas UK announces nine month profitable performance Executive Summary Solid year on year profit Net profit of GBP 46.9 million compared to an underlying

More information

The Key to Mobility. Creating Value with Financial Services. Fixed Income Investor Update - December 2010. Volkswagen Financial Services AG

The Key to Mobility. Creating Value with Financial Services. Fixed Income Investor Update - December 2010. Volkswagen Financial Services AG The Key to Mobility Creating Value with Financial Services Fixed Income Investor Update - December 2010 Bernd Bode Head of Group Treasury and Investor Relations Volkswagen Financial Services Nils Allnoch

More information

ING Bank N.V. Certificates Programme

ING Bank N.V. Certificates Programme FOURTH SUPPLEMENT DATED 9 MAY 2014 UNDER THE CERTIFICATES PROGRAMME ING Bank N.V. (Incorporated in The Netherlands with its statutory seat in Amsterdam) Certificates Programme This Supplement (the Supplement

More information

annexes InSurance Sector Insurance sector results by business category Annex 1 Life and capital redemption insurance 53

annexes InSurance Sector Insurance sector results by business category Annex 1 Life and capital redemption insurance 53 InSurance Sector annexes Insurance sector results by business category Annex 1 Life and capital redemption insurance 53 Annex 2 Euro or foreign currency individual and group insurance contracts 54 Annex

More information

mbank Group s IR monthly

mbank Group s IR monthly Share price performance summary In March mbank s share price decreased by 1.10%, while the WIG Banks index decreased by 1.89%. The EURO STOXX Banks Index increased by 0.65% in the same period.. 170 160

More information

A GUIDE ON FINANCIAL LEASING I. INTRODUCTION

A GUIDE ON FINANCIAL LEASING I. INTRODUCTION NATIONAL BANK OF SERBIA A GUIDE ON FINANCIAL LEASING I. INTRODUCTION The purpose of this Guide is to provide basic information on financial leasing as a way to finance purchase of equipment and other fixed

More information

cut-e conference Hamburg, march 19th, 2015 Agenda Optimized use of online assessments via the integration with an ATS

cut-e conference Hamburg, march 19th, 2015 Agenda Optimized use of online assessments via the integration with an ATS Optimized use of online assessments via the integration with an ATS cut-e conference Hamburg, march 19th, 2015 Agenda Crédit Agricole Group HR & Recruitment Using cut-e tests & benefits TALENTSOFT, ATS

More information

BULLETIN OF LOAN INTEREST RATES

BULLETIN OF LOAN INTEREST RATES Banka ProCredit sh.a, Rr. Dritan Hoxha Tirane, Shqipëri BULLETIN OF LOAN INTEREST RATES Last modification: 02 December 2015 EUR/USD ALL Private loan Overdraft Consumer loan (max. term 60 months) Loan Loan

More information

FINANCIAL INFORMATION CONSOLIDATED FINANCIAL STATEMENTS. Risk management

FINANCIAL INFORMATION CONSOLIDATED FINANCIAL STATEMENTS. Risk management 167 Risk management Group risk management Group Risk Management supports the Board of Directors, the Executive Committee and the management teams of the Group companies in their strategic decisions. Group

More information

Consolidated Interim Report

Consolidated Interim Report Consolidated Interim Report as of 31 March 2015 UNIWHEELS AG CONTENTS 1. Key performance data 2. Condensed group management report as of 31 March 2015 3. Condensed consolidated financial statements as

More information

Analyst and investor briefing Q4 13

Analyst and investor briefing Q4 13 Analyst and investor briefing Q4 13 Further growth of Polsat Group revenue in Q4 13 by 7% to PLN 805m, mainly thanks to: - organic growth of the retail business segment, which achieved a 5% YoY revenue

More information

2001 Financial Results. Warsaw, 14 February 2002

2001 Financial Results. Warsaw, 14 February 2002 21 Financial Results Warsaw, 14 February 22 executive summary macroeconomic situation integration progress financial results for 21 action plan for 22 conclusions 2 Executive summary: BPH PBK SA - the

More information

BANK ZACHODNI WBK S.A. GROUP WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2012 FINANCIAL YEAR WITH AUDITOR S OPINION AND AUDIT REPORT

BANK ZACHODNI WBK S.A. GROUP WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2012 FINANCIAL YEAR WITH AUDITOR S OPINION AND AUDIT REPORT BANK ZACHODNI WBK S.A. GROUP WROCŁAW, RYNEK 9/11 CONSOLIDATED FINANCIAL STATEMENTS FOR THE 2012 FINANCIAL YEAR WITH AUDITOR S OPINION AND AUDIT REPORT TABLE OF CONTENTS AUDITOR S OPINION... 3 REPORT ON

More information

Santander in the world

Santander in the world Santander in the world Santander in Olive trees more than 1,000 years old at Grupo Santander City, Boadilla del Monte, Madrid The results of clearly show the Bank s capacity to solidly weather this difficult

More information

Polish financial sector in the transformation period: pension reform and pension funds development *

Polish financial sector in the transformation period: pension reform and pension funds development * Jan Monkiewicz, PhD Professor, University of Banking and Insurance in Warsaw Warsaw Technical University, Department of Management Polish financial sector in the transformation period: pension reform and

More information

Inaugural Bond Issuance of Volkswagen Bank RUS OOO Irrevocable offer of Volkswagen Financial Services AG November 2013

Inaugural Bond Issuance of Volkswagen Bank RUS OOO Irrevocable offer of Volkswagen Financial Services AG November 2013 The Key to Mobility Creating Value with Financial Services Inaugural Bond Issuance of Volkswagen Bank RUS OOO Irrevocable offer of Volkswagen Financial Services AG November 2013 Katja Hauer Investor Relations

More information

Small and medium-sized leasing finance from local companies

Small and medium-sized leasing finance from local companies Small and medium-sized leasing finance from local companies Financial and operating leases for small businesses are available from EBRD-supported leasing facilities. They cover a range of goods such as

More information

Crédito Agrícola Group

Crédito Agrícola Group Crédito Agrícola Group Meet your partner in Portugal A Brief Presentation Index 1 History and Ownership Structure 2 3 4 5 6 Key Financials Competitive Landscape Value Proposition Industry Awards Main Contacts

More information

CREDIT AGRICOLE HOME LOAN SFH 1

CREDIT AGRICOLE HOME LOAN SFH 1 CREDIT AGRICOLE HOME LOAN SFH 1 (EX CREDIT AGRICOLE COVERED BONDS) SOCIETE DE FINANCEMENT DE L HABITAT 2 With a capital of 550 000 000 euros 91-93 boulevard Pasteur 75015 PARIS Closed as at the 31 st December

More information

Polish insurance market: growth and potential

Polish insurance market: growth and potential Polish insurance market: growth and potential Polish Insurance Association June 2012 Table of contents 1. Polish insurance market general information 2. Non life insurance in Poland 3. Life insurance in

More information

Cyfrowy Polsat IR Newsletter. 12 18March 2012

Cyfrowy Polsat IR Newsletter. 12 18March 2012 Cyfrowy Polsat IR Newsletter 12 18March 2012 The press about Cyfrowy Polsat Date The press about TMT market in Poland Puls Biznesu: Mobile TV in Cyfrowy Polsat Today, Cyfrowy Polsat will show mobile TV

More information

Leasing a world of difference Aijaz Ahmed Butt - M.D. ORIX Leasing Egypt SAE Rabat - 22-25 September, 2014 Session n. 18 bis

Leasing a world of difference Aijaz Ahmed Butt - M.D. ORIX Leasing Egypt SAE Rabat - 22-25 September, 2014 Session n. 18 bis 5th FINANCIAL INFRASTRUCTURE AND RISK MANAGEMENT TRAINING Leasing a world of difference Aijaz Ahmed Butt - M.D. ORIX Leasing Egypt SAE Rabat - 22-25 September, 2014 Session n. 18 bis Outline * Financial

More information

Chambers Europe 2015. Legal 500 EMEA 2015

Chambers Europe 2015. Legal 500 EMEA 2015 1 FKA Furtek Komosa Aleksandrowicz was established in 2001 as a commercial law firm providing complex legal services. We are known for our open business culture, independent view and FKA s values which

More information

ELEKTROBUDOWA SPÓŁKA AKCYJNA KATOWICE, UL. PORCELANOWA 12 FINANCIAL STATEMENTS FOR THE 2013 FINANCIAL YEAR WITH AUDITOR S OPINION AND AUDIT REPORT

ELEKTROBUDOWA SPÓŁKA AKCYJNA KATOWICE, UL. PORCELANOWA 12 FINANCIAL STATEMENTS FOR THE 2013 FINANCIAL YEAR WITH AUDITOR S OPINION AND AUDIT REPORT ELEKTROBUDOWA SPÓŁKA AKCYJNA KATOWICE, UL. PORCELANOWA 12 FINANCIAL STATEMENTS FOR THE 2013 FINANCIAL YEAR WITH AUDITOR S OPINION AND AUDIT REPORT TABLE OF CONTENTS AUDITOR S OPINION... 3 REPORT SUPPLEMENTING

More information

Sixty years of sustainable rythm in the Turkish economy. Investor Presentation 2009

Sixty years of sustainable rythm in the Turkish economy. Investor Presentation 2009 Sixty years of sustainable rythm in the Turkish economy Investor Presentation 2009 @ a Glance Ownership 42% İs Bank 50.1% Vakif Bank Free Float 8% Credit Ratings (Jan 2010) Fitch LTFC Moody s LTFC BB+

More information

Switch from Campaign Management to Event based Marketing? KBC Bank & Insurance Eric Vandenbempt June, 2005

Switch from Campaign Management to Event based Marketing? KBC Bank & Insurance Eric Vandenbempt June, 2005 Switch from Campaign Management to Event based Marketing? KBC Bank & Insurance Eric Vandenbempt June, 2005 Agenda Introduction of KBC Bank & Insurance KBC s Strategic goals CRM and relationship banking

More information