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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

A new Board Member for Finance at BRE Bank

At the meeting of BRE Bank’s Supervisory Board on September 5, its Chairman, Maciej Leśny, will recommend Karin Katerbau as a candidate for position of the Board Member for Finance. Ms. Katerbau will replace in this position Andre Carls - Vice-President for Finance who i...

8 August 2008

„Stable increase of market share”- BRE Bank Group after the first half of 2008

BRE Bank Group closed the first half of 2008 with a consolidated gross profit of PLN 721.0 million (PLN 640.3 million net), indicating a 35.9% growth against similar period last year.

31 July 2008

Changes at BRE Bank

At its next sitting the Supervisory Board meeting of BRE Bank SA, will consider a motion for the appointment of its Member. Mr. Andre Carls – current Vice-President, Chief Financial Officer of BRE Bank, is recommended as a successor of Mr. Martin Blessing.

16 July 2008

The Growth Continues: BRE Bank Group Results in Q1 2008

The BRE Bank Group reported a consolidated profit before tax at PLN 427.6 million (net profit at PLN 350 million) in Q1 2008, up by 145% year on year. All the business lines and strategic subsidiaries of the Group grew dynamically in continuation of the upward trend obse...

6 May 2008

New President, Management Board and Supervisory Board of BRE Bank

14 March 2008. The new Supervisory Board of BRE Bank elected Mariusz Grendowicz as President of the Management Board of BRE Bank SA. He will replace Sławomir Lachowski, who was President from November 2004 to March 2008.

21 March 2008

Change in the BRE Bank Management Board

Following organizational change in the Commerzbank Group, the majority shareholder of BRE Bank, the composition of the BRE Bank Management Board will change.

4 March 2008