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BRE Bank is Ready to Offer Credits within a Framework of SAPARD programme

BRE Bank notify to Agency for Restructuring and Modernisation of Agriculture its readiness to offer bridging loan for investing within a framework of SAPARD programme.BRE Bank will make funds available for two types of activity:improvement of processing and marketing of ...

6 August 2002

Actions taken in order to increase the efficiency and improve the competitiveness of the BRE Bank

In connection with the difficult macro- and micro-economic situation and with the current trends on the capital markets, the Management Board of the BRE Bank SA has undertaken radical measures leading to permanent reduction of operating costs and to increasing the revenu...

30 July 2002

Financial Results

After Q1 2002 BRE Bank generated net profits of PLN 26 250 million with ROE at 13.27%.With respect to equity capital, after three months of 2002, BRE Bank ranked fourth among WSE listed banks.Selected financial performance indicators after Q1 2001 and 2002 (Polish Accoun...

15 May 2002

Prime Minister of Hessen honoured Mr Krzysztof Szwarc

On this April 11, Wiesbaden, the capital of Germany’s federal state (land) of Hessen, saw a prestigious ceremony being held in honour of Krzysztof Szwarc, Chairman of BRE Bank’s Supervisory Board and former long-time Management Board President, who was awarded the Cross ...

17 April 2002

EBRD to Invest euro 54 million in Letters of Pledge of RHEINHYP-BRE Bank Hipoteczny SA

By virtue of an agreement signed on April 4th 2002 by and between the European Bank for Reconstruction and Development and RHEINHYP-BRE Bank Hipoteczny S.A. (Mortgage Bank, Inc.), EBRD shall purchase mortgage-backed letters of pledge with a value of EUR 25 million and US...

4 April 2002

Róża Bez Kolców 2001

The prestigious Home & Market award goes to those financial institutions which offer the best products for corporate clients and businessmen. The jury has recognised BRE Bank as the Best Bank for the Richest Poles and for the Polish ownership of the institution. Mr K...

1 April 2002

BRE Bank and the Eastbridge N.V. company signed an agreement to take over shares in Elektrim Telekomunikacja

BRE Bank informs that on 19th March 2002 an agreement has been executed between BRE Bank and the Eastbridge N.V. company. The agreement defines the preliminary conditions of establishing a special purpose vehicle (SPV), created to take over a package of 49% of shares in ...

19 March 2002

Summary - financial results for 2001

Despite uneasy macroeconomic conditions, the year 2001 was a time of consolidating BRE Bank’s market position in its four main business lines: corporate banking, retail banking, investment banking, and asset management and private banking. 2001 was yet another year of BR...

14 February 2002