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Q1 2010 results of the BRE Bank Group

PLN 115 million net profit in Q1, Retail Banking business with record results. 126 thousand new clients – over 2 thousand clients daily. Growing effectiveness - 51.4 % of Cost/Income ratio. Issue of shares with pre-emptive rights planned to come.

28 April 2010

The shareholders of BRE Bank approved the new issue of shares with pre-emption right

Strengthening of the capital base and gaining funds for expansion within the strategy for 2010-2012 – are the main objectives of the issue of shares with pre-emption right, which was approved by the shareholders of BRE Bank at today's Annual General Meeting. They also de...

30 March 2010

Invitation to press conference

On behalf of Mr. Mariusz Grendowicz - President of the Management Board of BRE Bank, we would like to invite you to the press conference.As previously announced, during the meeting we will present a new strategy of BRE Bank Group for 2010-2012.The conference will be held...

25 February 2010

BRE Bank Group’s 2009 Financial Results

Poles save in and choose BRE Bank (480 thousand new clients and PLN 5.1 billion raised in deposits). Record-breaking income. Cost/Income ratio the best in five years. BREnova: 2009 goals accomplished.

9 February 2010

Q3 2009 Results of the BRE Bank Group

BRE Bank maintains a high stable income level: PLN 724.1 million in Q3PLN 72.5 million of net profitCost discipline: the cost/income ratio fell to 51.5%Provisions: the responsible approach - problem of FX options solvedQ4 will see higher planned costs but with effective ...

4 November 2009

Improved efficiency in difficult times- BRE Bank Group results in Q2 2009

Q2 results affected by high provisionsRising income - sound business fundamentals.Continued recovery of deposits - we grow four times faster than the market!Costs under control - the successful BREnova project!Results affected by high provisionsIn Q2 2009, BRE Bank repor...

6 August 2009

Letter from the President of the Management Board of BRE Bank

Dear Sirs,today we have presented results of the BRE Bank Group for Q1 2009. I find them important for a number of reasons. I have been acting as President of the Management Board of BRE Bank since March 2008. A lot of things have happened in that time not only inside ...

29 April 2009

New Management Board member for investment banking at BRE Bank

At the coming meeting of the Supervisory Board of BRE Bank, Maciej Leśny, the Chairman will recommend Hans-Dieter Kemler as Management Board member responsible for investment banking. Mr. Kemler will replace Bernd Loewen who handed in his resignation in March 2009.

22 April 2009

Group results- summary of 2008

BRE Bank strengthens the core business- Profit before tax of PLN 1.00 billion. BRE Bank accomplishes the set up targets- Q4 results under pressure of exceptionally difficult market conditions- BRE Nova – sustainable business model for market challenges.In 2008, the BRE B...

3 February 2009

“High profitability of business, growing volumes and customer base” – The BRE Bank Group in Q1-3 2008.

The BRE Bank Group generated a profit before tax of PLN 981.2 million (PLN 842.8 million net) at the end of September 2008, up by 30.9% year on year. The ROE before tax was 39.9% (37.8% in 2007).

30 October 2008