Polish banks fare well
12:53
Polish banks saw exceptionally high growth in terms of brand value compared with the rest of Europe, according to The Brand Finance Banking 500 report issued by Brand Finance, an intangible asset valuation consultancy company.
PKO BP brand is worth $1.594 billion and is the 115th most valuable banking brand in the world. The bank saw a value increase by 23 percent year over year. The second highest ranked Polish bank, Pekao SA, is worth $956 million (an increase by 15 percent), followed by Bank Zachodni WBK, valued at $902 million (an increase by 49 percent) and mBank, which is worth $339 milion (a decrease by 14 percent).
Meanwhile, Spanish banks lost 2 percent on average, British banks' worth decreased by 3 percent, Italian's by 5 percent, German's by 6 percent, and French banks saw 19 percent loss of brand value.
