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BRE’s stable results and over 4 million clients

In Q3 2012, BRE Bank Group made a net profit of PLN 280 million with an income of PLN 917.7 million. In Q1-3 2012, the profit attributable to the shareholders of the bank was PLN 930.7 million, an increase of 9.5 percent year on year. The number of the bank’s clients cro...

30 October 2012

BRE’s Very Good Quarter. New Strategy

Growing revenues and high efficiency were the main drivers of BRE Bank Group’s profit in Q2 2012. The net profit was close to PLN 320 million while the cost/income ratio was 43.5 percent. The Bank published a new strategy which focuses on integration of all offered servi...

2 August 2012

Another Effective Quarter. BRE Invests in Its Future.

BRE Bank Group generated a net profit of more than PLN 330 million in Q1 2012. The steady growth in income combined with a strict cost discipline ensured better effectiveness. The cost/income ratio decreased to 42.8 percent while ROE net stabilised at 16.3 percent.

13 May 2012

Katerbau is going to leave BRE in H1 2012

During its meeting on December 8th, 2011, the Supervisory Board of Oldenburgische Landesbank nominated Ms. Karin Katerbau as Member of the Board of Managing Directors.

9 December 2011

Polfactor and Transfinance now fully part of BRE Bank Group

Consequently, BRE Bank Group will concentrate on factoring activities in Poland and the Czech Republic - its main markets. Our priority is to organize the cooperation of subsidiaries within BRE Bank Group to ensure the best synergy in the core banking business, said Kari...

28 July 2011

BRE Group reorganizes its factoring operations

BRE Bank will become the sole owner of Polfactor S.A. and Transfinance a.s., leading factoring providers in Poland and in the Czech Republic respectively. BRE Bank’s shareholdings in Intermarket Bank AG and its other subsidiaries will be acquired by Erste Group, Austria....

11 April 2011

BRE Bank Group performance in 2010

The fact that we managed to close the year with record high income and over four times higher pre-tax profit confirms that the execution of our strategy for 2010-2012 brings notable effects, says Cezary Stypułkowski, President of the Management Board of BRE Bank.

9 February 2011

BRE Bank Group performance in Q3 2010

PLN 206.5 million of net profit - the best quarterly result in two years. Record-high recurrent income. Significant decrease in creation of loan loss provisions. Acquisition success: more than 80.3 thousand new retail clients and 100 new net corporate clients.

4 November 2010

BRE Bank Group performance in Q2 2010

A very good quarter: PLN 171 million of pre-tax profit, income up by 11.2% QoQ. 103.5 thousand new retail and almost 250 new corporate clients put their confidence in BRE Bank. Growth in the loan portfolio.

4 August 2010

Change in BRE Management Board, Cezary Stypułkowski appointed new CEO of third largest Polish bank

The Supervisory Board of BRE Bank has today appointed Cezary Stypułkowski for the new CEO as per October 1, 2010, subject to the approval of the relevant authorities. Until now he has been Managing Director and Head of Central and Eastern European Investment Banking at J...

2 August 2010