PKO BP’s loan portfolio exceeds PLN 200 bln

Poland’s largest lender Grupa PKO BP had over 200 billion worth of loans at the end of November 2016, with the majority being mortgage loans, the bank stated. The lender plans to continue to grant new loans at a sustainable level through 2017. “It is PKO BP’s goal for this year to take advantage of the strong credit market and to maintain its high share in each of its categories,” said the bank’s CEO Zbigniew Jagiełło. In November 2016, every third loan was granted by PKO BP, according to the lender’s press release. The value of the bank’s total assets stood at PLN 266.94 billion at the end of 2015.