Raport Roczny Annual Report

Transcription

Annual Report Raport Roczny
Annual Report
Raport Roczny
Annual Report
www.bankbps.pl
2006
2006
2006
TABLE OF CONTENTS
Letter from the Chairperson of the Supervisory Board
and the President of the Management Board
COOPERATION WITH FOREIGN BANKS
37
3
DEVLOPMENT OUTLOOK AND PLANS
GOVERNING BODIES
FOR THE FUTURE
39
Shareholders
5
Supervisory Board
6
BANK’S FINANCIAL STATAMENTS
Affiliation Board
7
Certified auditor’s opinion
41
Management Board
9
Balance-sheet
42
Off-balance-sheet items
45
Profit and loss account
47
Cash flow statement
48
Statement of changes in shareholders’ equity
50
MACROECONOMIC ENVIRONMENT
11
BANK’S ACTIVITIES IN 2006
Introduction
15
Organization and outlets network
16
COOPERATIVE BANKS’ FINANCIAL STATEMENTS
Deposit base
17
Affiliated cooperative banks against sector
Credit portfolio
20
background
54
Product offering
23
Balance-sheet
55
Marketing and public relations
24
58
Activities on the financial market
25
Equity
59
IT development
25
Foreign currency operations
26
LIST OF CONTACTS
Restructuring and debt collection
26
Outlets of Bank BPS
61
Risk management
27
Cooperative and cooperating banks
65
Equity and capital adequacy ratio
28
COOPERATION WITH COOPERATIVE BANKS
Introduction
30
Settlements in the Affiliation
30
Bank cards and ATM’s
31
Aid funds
33
Syndicated credits involving cooperative banks
33
Preferential credits
34
EU funds
34
Other services provided for cooperative banks
35
2
2006
Letter from the Chairperson of the Supervisory Board and the President of the Management Board
Ladies and Gentlemen,
It is a great pleasure for us to present the report on the activities of Bank
Polskiej Spółdzielczości in 2006. Summing this period up, we would like to emphasize
that it was a consecutive year of hard work, introduction of important changes and selfsacrifice, which all in all enhanced our Bank and brought visible effects in terms of
economic&financial situation, as well as recorded results. That is why we ended the
year 2006 with a pre-tax financial result at the level of PLN 22,7m.
Our records were influenced by effects of Bank’s restructuring program in
progress, as well as – to a smaller degree than in the previous year – income from
granted in 2004 financial help of Banking Guarantee Fund. Bank pursued objectives set
forth in the recovery program, which should be assessed as positive, and gradually
formed conditions for further successive development and position’s reinforcement in
the banking sector. It is confirmed by not only dynamic development of business
activities and significant improvement of credit portfolio quality, but also by incurred cost
rationalization and successive upgrade of Bank’s outlets work efficiency. However, we
are aware of the fact how much it is still left to be done.
The past twelve months were a period of substantial modernization of Bank’s
product offering, which aroused bigger interest among customers and was noticed by
external institutions. As a result, many Banks’ products were placed at top positions in
numerous rankings, and Bank itself held on to its leadership position among most
dynamic and effective companies in Poland. Bank BPS was awarded with a title of “Pearl
of Polish Economy” for a second time in a row.
Good work of Bank BPS and better service of affiliated cooperative banks
represent a strong platform for reinforcement of the whole Affiliation, all 352
cooperative banks, our most important shareholders. Together, we constitute one of
the biggest financial institutions in the country, with a total balance of close to PLN 33bn
and equity in excess of PLN 2,5bn. We would like to maintain and strengthen such
a model of affiliative cooperation, in order to play a substantial role in the development
of our communities, agro business, as well as small and medium enterprises.
Good records of our Bank and the whole Affiliation would not be possible
without our Customers. Cooperation with them influences our development and
decides about our increasingly growing potential. There is still one more group of people
without whom our results would be hard to achieve. It is our employees who are the
biggest and most valuable Bank’s capital. Without their day-to-day work full
of commitment and scrupulousness, the success of Bank and whole Affiliation would
never happen. They deserve here a special thank-you.
We are convinced that Bank BPS and affiliated cooperative banks through joint
efforts will continue to reinforce and develop, constituting a decisive factor for the
position of Polish cooperative banking sector.
Chairperson of the Supervisory Board
President of the Management Board
Krystyna Skowrońska
Mirosław Potulski
3
2006
GOVERNING BODIES
Shareholders
Supervisory Board
Affiliation Board
Management Board
4
GOVERNING BODIES
2006
Shareholders
In 2006, the share capital of Bank BPS remained constant and as at the end of 2006, was divided into 133 246 777 shares with a par
value of PLN 1 per share.
Share capital of Bank BPS S.A. as at December 31st 2006
Series
No. of shares (units)
A
2 000 000
Value (PLN)
2 000 000
B
12 000 000
12 000 000
C
4 000 000
4 000 000
D
2 000 000
2 000 000
E
1 865 000
1 865 000
F
1 517 700
1 517 700
H
74 864 077
74 864 077
I
35 000 000
35 000 000
Total
133 246 777
133 246 777
Cooperative banks comprise the majority of Bank’s shareholders with an aggregate share value of 87,3%, including affiliated
cooperative banks with 80,1%.
Shareholders of Bank BPS S.A. as at December 31st 2006
No. of shares
Share capital
2 104 560
1,579%
Cooperative banks:
116 365 244
87,331%
Affiliated cooperative banks
106 771 488
80,131%
Non-affiliated cooperative banks
6 775 366
5,085%
Cooperating cooperative bank
2 818 390
2,115%
Other Polish banks
1 213 072
0,910%
Foreign banks
4 528 969
3,399%
Other:
9 034 932
6,781%
Individuals
1 080 214
0,811%
Other
7 954 718
5,970%
Total
133 246 777
100,000%
Name
Treasury State
5
GOVERNING BODIES
2006
Supervisory Board
Krystyna Skowrońska
Wiesław Adam Poleszak
Chairperson of the Supervisory Board
Member of the Supervisory Board
President of the Management Board - Bank Spółdzielczy in Przecław
Member of the Supervisory Board - Bank Spółdzielczy in Nałęczów
Józef Błażej Czysz
Krzysztof Radziszewski
Deputy Chairperson of the Supervisory Board
President of the Management Board - Bank Spółdzielczy in Miedźna
President of the Management Board – Spółdzielczy Bank Rozwoju
Romuald Piotruk
Polskiej Spółdzielczości S.A.
delegated to act as Vice President of Management Board of Bank
Secretary of the Supervisory Board
President of the Management Board - Bank Spółdzielczy in Łosice
Hanna Barbara Ruszczyńska
Jan Czesak
President of the Management Board - Warmińsko-Mazurski Bank
Spółdzielczy
President of the Management Board - Krakowski Bank Spółdzielczy
Zygmunt Sitek
Aleksander Andrzej Dachowski
Member - Bank Spółdzielczy Rzemiosła in Radom
President of the Management Board - Bank Spółdzielczy in Oleśnica
Composition as at May 21st 2007.
Andrzej Tadeusz Kocój
Chairperson of the Supervisory Board - Bank Spółdzielczy
in Stalowa Wola
Changes in the composition of the Supervisory Board during
the period from January 1st 2006 till May 21st 2007:
Jan Wincenty Bajno – tendered his resignation as Member of the
Supervisory Board on February 2nd 2006
Wojciech Kulak
Witold Marcin Morawski – appointed Member of the Supervisory Board
on June 22nd 2006
President of the Management Board - Bank Spółdzielczy
in Stary Sącz
Józef Jan Myrczek – stopped acting as Chairperson of the Supervisory
Board on October 24th 2006
Witold Marcin Morawski
in Biała Rawska
Krystyna Skowrońska – appointed Chairperson of the Supervisory Board
on October 24th 2006
Romuald Piotruk – appointed Secretary of the Supervisory Board
on October 24th 2006
Józef Jan Myrczek
in Katowice
Wojciech Kulak – stopped acting as Deputy Chairperson of the
Supervisory Board on March 26th 2007
Józef Błażej Czysz – appointed Deputy Chairperson of the Supervisory
Board on March 26th 2007
6
GOVERNING BODIES
2006
Affiliation Board
Edward Biernacki
Andrzej Górczyński
Chairman – Member of the Presidium of the Affiliation Board
Member of the Affiliation Board
Bank Spółdzielczy in Wieliczka
Bank Spółdzielczy in Szczytno
Józef Cieszyński
Dariusz Jasiński
Deputy Chairman – Member of the Presidium of the Affiliation
Board
Bank Spółdzielczy in Zbuczyn
Bank Spółdzielczy in Rzeszów
Danuta Klabacha
Krzysztof Kajko
Secretary – Member of the Presidium of the Affiliation Board
Bank Spółdzielczy in Żyraków
Bank Spółdzielczy in Kolno
Wacław Kozłowski
Stanisław Dembowski
Member of the Presidium of the Affiliation Board
Bank Spółdzielczy in Łańcut
Bank Spółdzielczy in Łubniany
Ryszard Leszczyński
Zbigniew Urbankiewicz
Member of the Presidium of the Affiliation Board
Bank Spółdzielczy in Jastrzębie Zdrój
Bank Spółdzielczy in Łęczna
Janusz Mazurek
Przemysław Andrzejewski
Bank Spółdzielczy in Wojsławice
Bank Spółdzielczy in Oborniki Śląskie
Robert Pacek
Krystyna Binek-Angełowa
Bank Spółdzielczy in Rymanów
Bank Spółdzielczy in Skoczów
Mirosław Potulski
Włodzimierz Cichoń
Bank Polskiej Spółdzielczości S.A.
Bank Spółdzielczy in Konopiska
Leon Radziwoniuk
Roman Domański
Bank Spółdzielczy in Bielsk Podlaski
Bank Spółdzielczy in Radzyń Podlaski
Urszula Sieradzka
Józef Florek
Bank Spółdzielczy in Praszka
Bank Spółdzielczy in Samsonów
7
GOVERNING BODIES
2006
Affiliation Board
Gabriela Sołobodowska
Bank Spółdzielczy in Legnica
Józef Szperlak
Bank Spółdzielczy in Jabłonka
Janina Wolanin
Bank Spółdzielczy in Księżpol
Stanisława Zadora
Bank Spółdzielczy in Kęty
Elżbieta Zytek
Bank Spółdzielczy in Zgierz
Changes in the composition of the Affiliation Board during the period from January 1st 2006 till May 21st 2007:
Jan Klimkiewicz – tendered his resignation as Chairman and Member of the Affiliation Board on July 12th 2006
Edward Biernacki – appointed Chairman of the Affiliation Board on September 13th 2006
Józef Cieszyński – appointed Deputy Chairman of the Affiliation Board on September 13th 2006
Mirosław Potulski – appointed to the Affiliation Board on November 22nd 2006, appointed Member of the Presidium of the Affiliation Board
on December 11th 2006, and on May 17th 2007 r. tendered his resignation from being a Member of the Presidium of the Affiliation Board
as President of Powiślański Bank Spółdzielczy in Kwidzyn.
8
GOVERNING BODIES
2006
Management Board
MIROSŁAW POTULSKI
since April 27th 2007
President of the Management Board of
Graduate of economy at Gdansk University and postgraduate studies in banking
at Gdansk School of Banking. In 1977, he started his professional career
at Badawczo-Rozwojowy Przemysł Płyt Drewnopochodnych center in Czarna
Woda, as a specialist of economics and organization. In the period of 1983-89,
worked at PSS „Społem” in Kwidzyn, initially as Vice-President, and since 1984 as
President of the Management Board. Since 1990 he ran together with his wife their
own business. Since 1983 Member of Bank Spółdzielczy in Kwidzyn; since 1998
acted as Vice-President of the Supervisory Board, and since November 2000 acting
as President of Powiślański Bank Spółdzielczy in Kwidzyn. In the years 1998 –
2002, he was doing community service at a local government entity and served as
Chairman of the City Council in Kwidzyn.
KRZYSZTOF RADZISZEWSKI
since May 9th 2007
Acting Vice-President of the Management Board of
Graduate of agriculture economics at Warsaw Agricultural University. In 1995, he
started his professional career at Bank Spółdzielczy in Szepietowo. Since 1998 he
acted as Member of the Management Board, and thereupon, as President of the
Management Board. Since 2005 he has been acting as Member of the Supervisory
Board of Bank Polskiej Spółdzielczości. He participated in numerous trainings
organized by
International School of Banking and Finance and The Gdańsk
Academy of Banking.
9
GOVERNING BODIES
2006
Management Board
ANIELA SZAFRAN
since December 1st 2003
Vice-President of the Management Board of Bank Polskiej Spółdzielczości S.A.
Graduate of Economic High School in Wrocław (Faculty of National Economy,
specialization: internal trade, master of economics), completed postgraduate
studies in "Accountancy and financial control", "Finance and banking", "Foreign
trade" at Economic Academy in Wrocław, participant of numerous trainings, i.a. in
the area of credits, bank guarantees, debt turnover. In 1972, she started her
professional career in Voivodeship Cooperative Society "SPOŁEM" in Opole. In the
years 1976-1983, she worked in a State Company POLMOZBYT in Opole; later on, in
the years 1983-1990, in the Boiler Factory in Sędziszów SEFAKO, and, following
that, 1993-1994 in ASPRA-SEFAKO S.A. in Sędziszów. In the companies mentioned
above, she performed duties of an economic and economic & trade vice-director.
She has been related to banking since 1995, when she took over the position of Chief
Credit Officer of the Branch in Częstochowa in BIG Bank Gdański S.A. Thereupon,
since 2000 she acted as Sales Vice-Director of the Branch in Katowice in BWE S.A.
Since 2002, she has been working in Bank Polskiej Spółdzielczości S.A. Before
being appointed Vice-President of the Management Board, she had been a Director
of Bank’s Regional Branch in Olsztyn.
ALEKSANDER TROJANOWICZ
since September 20th 2006
Vice-President of the Management Board of Bank Polskiej Spółdzielczości S.A.
Graduate of Karol Adamiecki University of Economics in Katowice (Division of Trade,
Transport and Services, faculty: Economics and organization of road transport);
postgraduate studies in finance and banking, Division of National Economy at
Wroclaw University of Economics. Participant of numerous trainings, i.a. payment
cards, analysis of investment enterprises, economic-financial analysis or
operational risk. In 1993, he started his banking career at Bank Zachodni SA, Branch
in Oława, working at many posts until 1998. Since July 1998, he acted as a senior
credit specialist at the Head Office of Gospodarczy Bank Południowo-Zachodni S.A.
in Wrocław, and later on, as an executive of Credit Division and vice-director of Trade
Department. In the years 2001-2002, he was a Head of Risk Management Section
at SKK KREDYT S.A.; from March till June 2003 - coordinator of the Debt Collection
Section at PKO Towarzystwo Finansowe sp. z o.o. Since July 2003 until being
appointed Vice-President of the Management Board of Bank Polskiej Spółdzielczości
S.A., he acted as a director of the Voivodeship Branch in Katowice.
Changes in the composition of the Management Board during the period from January 1st 2006 till May 21st 2007:
Janusz Janicki – stopped acting as Vice-President of the Management Board on September 20th 2006
Adam Kuzdraliński - stopped acting as Vice-President of the Management Board on October 31st 2006
Aleksander Trojanowicz – appointed Vice-President of the Management Board on September 20th 2006
Paweł Siano - stopped acting as President of the Management Board on March 21st 2007
Mirosław Potulski – appointed President of the Management Board on April 26th 2007
Krzysztof Radziszewski – appointed Acting Vice-President of the Management Board on May 9th 2007
10
2006
Macroeconomic environment
11
2006
In accordance with the data from Central Statistical Office, in 2006
a noteworthy fact is that GDP increased gradually throughout 2006.
GDP stood at PLN 1 050,9bn, up by 5,8% versus 2005. The GDP
In the particular quarters, GDP amounted to 5,2%, 5,5%, 5,8%, and
pace of growth rose by 2,3 p.p. compared with 2005. Concurrently,
6,4%, respectively.
Basic macroeconomic indicators throughout 2004 – 2006
2004
2005
2006 Change 2006-2005
GDP (real increase)
5,3%
3,5%
5,8%
2,3 p.p.
Increase in prices of commodities and consumer services (y/y)
4,4%
0,7%
1,4%
0,7 p.p.
Increase in prices of commodities and consumer services (mid-year)
3,5%
2,1%
1,0%
-1,1 p.p.
19,0%
17,6%
14,9%
Unemployment rate (as at the end of the year)
-2,7 p.p.
USD/PLN exchange rate (mid-year)
PLN 3,65 PLN 3,23 PLN 3,10
PLN -0,13
EUR/PLN exchange rate (mid-year)
PLN 4,53 PLN 4,03 PLN 3,90
PLN -0,13
In 2006, the inflation rate represented an upward swing (in a year to
The changes of the base interest rates of Central Bank
year relation) – it rose from 0,6% in January up to 1,4% in
corresponded with the level of market rates. 2006 mid-year WIBOR
December. The Polish Monetary Policy Council cut the NBP interest
1M reached the value of 4,17% (versus 5,37% in the year earlier);
rates two times (in January and February), in aggregate down by
on the other hand, mid-year WIBID 1M was at 4,01% (compared
0,5 p.p. The rediscount rate was decreased to 4,25%, the reference
with 5,18% in 2005).
rate down to 4,0%, the lombard rate to 5,5%, and the deposit one
down to 2,5%.
Mid-month WIBOR 1M in the respective months in 2005 and 2006
%
7,00
6,63
6,57
6,36
6,50
5,94
6,00
5,55
5,38
5,50
4,88
4,77
5,00
4,57
4,61
4,13
4,14
4,60
4,62
4,50
4,52
4,00
4,29
4,14
4,13
4,12
4,12
4,12
4,12
4,13
4,12
3,50
2005
r
be
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3,00
2006
12
2006
Mid-year interest rate of 52-weekly treasury bills equalled 4,20%,
In 2006, mid-year exchange rate of PLN to EUR and USD stood at
down by 0,72 p.p. over the 2005 figure.
PLN 3,90 and PLN 3,10, respectively, remaining stable in the
particular months of the year.
Mid-month USD and EUR exchange rates in 2006
%
4,10
3,90
3,82
3,79
3,16
3,17
3,87
3,92
3,22
3,20
4,02
4,00
3,97
3,90
3,89
3,90
3,83
3,81
3,70
3,50
3,30
3,17
3,15
3,05
3,10
3,12
3,05
3,09
2,97
2,89
2,90
2,70
USD
r
be
De
ce
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ve
No
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be
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er
ob
ct
O
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Se
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2,50
EUR
13
2006
Introduction
Deposit base
Credit portfolio
Product offering
IT development
Risk management
14
2006
Introduction
Bank Polskiej Spółdzielczości S.A. (Bank BPS) is a bank
portfolio quality, effective restructuring and debt collection,
based on the best cooperative tradition, supporting and
rationalization of operating costs together with amortization, as well
complementing financial and human capital of affiliated Cooperative
as successive efficiency upgrade of Bank’s outlets.
Banks. With each passing year it strengthens its position in the
In 2006, Bank BPS modernized its products offering in a
Polish banking sector, as a reliable, competitive and secure Bank,
substantial way. The new offer aroused interest not only among
both for its shareholders and customers.
customers, but was also noticed by external institutions, what
Bank BPS closed 2006 having recorded a net profit of PLN
22,7m. The value of this result was affected by the pursued
effected in leading positions in the rankings of Gazeta Prawna,
Expander, Gazeta Bankowa and Gazeta Wyborcza.
restructuring process of Bank BPS, as well as income due to
Additionally, in 2006 Bank was awarded with a title of
financial help granted from Banking Guarantee Fund (BFG) in 2004.
“Pearl of Polish Economy”, in category Big Pearls, granted by
The level of Bank’s financial record dependency on income from
Institute of Economics, Polish Academy of Sciences, for a second
BFG is increasingly lower. Throughout the preceding year, the share
time in a row, for its consistent policy of company’s strategy
of BFG aid in Bank’s pre-tax financial result fell by 25,3 p.p. and
fulfillment and a leadership among most dynamic and efficient
amounted to 37,7%, as at the end of the previous year.
Polish companies.
The past year was the third one, during which Bank BPS
Bank
BPS
conducts
affiliative
activity
and
fulfilled assumptions acknowledged in the recovery program.
complementary, non-competitive to affiliated cooperative banks,
Results of Bank’s activities in 2006 can be assessed in a positive
commercial activity.
way. Hitherto Bank’s achievements with respect to planned tasks
With respect to the conducted affiliative activity, Bank BPS
fulfillment indicate that conditions for its further development are
cooperated in 2006 with 352 cooperative banks, executing inter-
gradually formed. It is testified by i.a. more and more dynamic
bank and inter-branch settlements, providing services and products
development of business activity, significant improvement of credit
for banks and their customers, supporting them in implementing
New Capital Accord (NUK) and participating actively in syndicated
lending projects.
15
2006
In 2006, Management Board’s actions with respect to
Organizational structure of Bank Polskiej Spółdzielczości
Bank’s organization, focused above all on introduction of a new
S.A. comprises the following organizational units:
organizational structure.
- Headquarters,
The new statutes of Headquarters’ departments and
- Regional/Voivodeship Branches,
offices, as well as of Regional/Voivodeship Branches and branches
- Branches.
went into effect.
The Head Office duties include above all:
The new organizational units of Bank’s Head Office began
- planning, coordination, implementation and supervision of tasks
to conduct their activities :
resulting from Bank’s Statute, Affiliation’s Agreement and
- Sales Department,
Bank’s Organizational Statute,
- Credit Risk Management Department,
- Controlling Department,
- Bank’s Spokesperson Office,
- Marketing Office,
- caring for economic, financial and technological development
of Affiliation,
- creation of exemplary regulations for affiliated cooperative
banks,
- Procedures Office,
- responsibility for Affiliation’s information policy,
- Settlements and Surcharges Office.
- securing Bank’s and Affiliation’s financial liquidity.
Concurrently, Credit Verification Divisions, which were
To the basic tasks of Regional/Voivodeship Branches
previously subordinated to Regional/Voivodeship directors, were
belong e.g.:
incorporated into the structure of Credit Risk Management
- providing services and operational activities in aid of affiliated
Department.
New Organizational Statute changed tasks of Regional
cooperative banks in range resulting from Affiliation’s
Agreement,
Branches in a significant manner, widening existing so far functions
- commercial activity,
by operational activities.
- supervision of commercial activities in subordinate
Overriding goals of introduced in 2006 organizational
changes constituted:
organizational units within the operating area of a Branch .
The core function of Branches is conducting banking
- improvement of management’s quality and efficiency;
activities and tasks specified at Organizational Statutes of these
- centralization of tasks in part of activities areas;
Branches.
- enhancement of sales network effectivity;
- costs rationalization together with amortization of sales
network;
- unification of Regional/Voivodeship Branches and Branches
organizational structure;
- separation of functions connected with credit risk management
from sales functions;
- adaptation of organizational structure to New Capital Accord
As at December 31st 2006, Bank’s structure comprised
81 banking outlets, including:
- 6 Regional Branches,
- 1 Voivodeship Branch,
- 32 Branches,
- 33 Subsidiaries,
- 9 Points of Banking Services (POB).
requirements;
- providing cohesion and consistency of internal Bank regulations
with common law.
16
2006
Deposit base
As at December 31st 2006, the value of liabilities due to
0,9bn. Including aid granted from Banking Guarantee Fund, total
deposits received from financial and non-financial sector,
liabilities in the above mentioned sectors reached the sum of PLN
governmental and self-governmental institutions stood at PLN
7,8bn, as the end of 2006.
7,6bn, and comparing with the end of December 2005 rose by PLN
Total Bank’s liabilities (PLN ‘000)
No.
Change
Dynamics
31.12.2005
31.12.2006
2006-2005
2006/2005
I.
Liabilities due to financial sector
6 018 975
6 583 722
564 747
109,4%
1.
Liabilities due to cooperative banks
5 630 842
6 369 345
738 503
113,1%
2.
Liabilities due to other banks
3.
Liabilities due to non-banking entities, including:
- loans granted from BFG
II.
Liabilities due to non-financial sector
III. Liabilities due to governmental and self-governmental institutions
IV. TOTAL (I+II+III)
Total excluding aid from BFG
V.
479
14 119
13 640
-
387 653
200 258
-187 395
51,7%
362 682
181 172
-181 510
50,0%
923 049
1 101 076
178 027
119,3%
52 152
70 080
17 928
134,4%
6 994 175
7 754 878
760 703
110,9%
6 631 493
7 573 706
942 213
114,2%
22 005
33 858
11 853
153,9%
-540
-139
401
25,7%
7 015 640
7 788 597
772 957
111,0%
Interest and other liabilities on the bill of 191, 291
and 391 accounts
VI. Value adjustment due to commission
VII TOTAL LIABILITIES (IV+V+VI)
The basic source for Bank’s operational activities
December 31st 2006, deposits and other liabilities due to non-
financing were funds gained from cooperative banks. As at the end
financial sector, governmental and self-governmental institutions
of 2006, these funds totalled PLN 6,4bn and 82,1% of all Bank’s
amounted to PLN 1,2bn, up by PLN 196,0m over 2005 figure.
liabilities (without interest and other liabilities). Throughout 2006,
liabilities due to cooperative banks increased by PLN 0,7bn. As at
Deposits and other liabilities due to non-financial sector, governmental and self-governmental institutions (PLN ‘000)*
Change
Dynamics
31.12.2005
31.12.2006
2006-2005
2006/2005
Deposits and other liabilities due to individual customers
516 328
560 180
43 852
108,5%
Deposits and other liabilities due to business entities
406 721
540 896
134 175
133,0%
52 152
70 080
17 928
134,4%
975 201
1 171 156
195 9551
120,1%
Deposits and other liabilities due to non-financial sector,
governmental and self-governmental institutions
Total deposits and other liabilities due to non-financial sector,
governmental and self-governmental institutions.
*without interest and other liabilities on the bill of 291 and 391 accounts
17
2006
Deposit base
As at the end of December 2006, Bank’s biggest group of
As at December 31st 2006, balance of deposits and other
depositors in the sector of non-financial, governmental and self-
liabilities due to business entities amounted to PLN 540,9m, and
governmental institutions comprised individual customers (47,8%).
grew throughout the year up by PLN 134,2m (current by PLN
In 2006, balance of liabilities in this group went up by PLN 43,9m, of
77,9m, and term by PLN 56,2m).
which current deposits up by PLN 255,6m, and term ones down by
Following a substantial growth in deposits from business
PLN 211,7m. The following situation was undoubtedly driven by
entities, the structure of liabilities due to non-financial sector,
introduction on April 1st 2006 of a new banking product - POL-Efekt.
governmental and self-governmental institutions has changed. In
POL-Efekt account, referred to as a current deposit featuring bigger
the course of 2006, the share of deposits from business entities
flexibility of managing own finances, possibility of transferring
went up by 4,5 p.p., on the other hand, as far as individual
funds to the account at any moment and attractive interest rates,
customers are concerned, it fell by 5,1 p.p.
caused funds’ migration of part of the term deposit holders towards
POL-Efekt account.
Structure of deposits and other liabilities due to non-financial sector, governmental and self-governmental institutions (%)
31.12.2005 r
6,0%
5,4%
41,7%
52,9%
31.12.2006 r
47,8%
46,2%
Deposits and other liabilities due to private persons
Deposits and other liabilities due to business entities
Deposits and other liabilities due to governmental and self-governmental sector
18
2006
Deposit base
A regular growth of deposits and other liabilities in all sectors was a
implementation of new monitoring principles of sales plans and
result of Bank's offering adaptation to the customers' expectations,
modernization of sales management methods.
Balance of deposits and other liabilities due to non-financial sector, governmental
and self-governmental institutions as at the end of particular months in 2005 and 2006 (PLN m)*
1171
1043
1011
935
956
972
987
992
1011
1039
1046
919
951
866
802
799
31.01.
28.02.
31.03.
885
878
886
890
30.04.
31.05.
30.06.
31.07.
2005
914
975
941
909
31.08.
30.09.
31.10.
30.11.
31.12.
2006
*without interest and other liabilities on the bill of 291 account
19
2006
Credit portfolio
As at December 31st 2006, credits and other receivables
2005, went up by PLN 386,4m, i.e. up by 20,9%.
amounted to PLN 2,2bn, and, in comparison with December 31st
Credits and other Bank’s pre-tax receivables according to customer groups excluding funds
on nostro accounts and deposits (PLN ‘000)
Change
No.
31.12.2005
I.
Financial sector
II.
Non-financial sector
III.
Sector of governmental and self-governmental institutions
IV.
TOTAL (I+II+III)
V.
Interest
VI.
Other receivables on the bill of
190, 290 and 390 accounts
VII. Total pre-tax receivables (IV+V+VI)
Dynamics
31.12.2006 2006-2005 2006/2005
91 199
90 784
-415
99,5%
1 566 465
1 831 582
265117
116,9%
187 481
121 679
121 679
164,9%
1 845 145
2 231 526
386 381
120,9%
269 974
292 151
22 177
108,2%
1 082
2 997
1 915
277,0%
2 116 201
2 526 674
410 473
119,4%
Balance of credits and other receivables as at the end of particular months in 2005 and 2006 (PLN m)*
2232
2034
1904
1859
1848
1860
1838
1836
1842
31.01.
28.02.
31.03.
1844
30.04.
1963
2059
2114
1982
1928
1918
1819
1812
1806
1799
1787
31.05.
30.06.
31.07.
31.08.
30.09.
1823
31.10.
1836
1845
30.11.
31.12.
2006
2005
*without interest and other receivables on the bill of 290 account
Credit action developed rapidly in the non-financial sector.
In 2006, Bank’s credit involvement in governmental and
As at 31st of December 2006, credit portfolio of this sector reached
self-governmental institutions’ sector developed fast (compared
the value of PLN 1,8bn, i.e. up by PLN 265,1bn over 2005.
with the 31st of December 2005, over 121,7bn, i.e. 64,9%). The
The highest receivables concentration in the subjective
indicator of non-performing receivables share in total credits
scheme concerned companies, private entities and cooperatives,
dropped by 6,5 p.p., from 23,5% at the end of 2005 down to 17,0%
and comprised 40,3% of total credit receivables. The next biggest
at the end of 2006. As at December 31st 2006, non-performing
group of borrowers was individual farmers and entrepreneurs. Their
credits equalled PLN 380,2m and decreased throughout the year by
share in total portfolio totalled 18,1% and 17,5%, respectively.
PLN 52,9m.
20
2006
Credit portfolio
Balance of credits and other non-performing receivables as at the end of particular months in 2005 and 2006 (PLN m)*
498
493
489
479
471
461
458
446
442
435
433
426
427
413
31.01.
28.02.
410
31.03.
411
30.04.
411
409
31.05.
30.06.
402
399
31.07.
31.08.
2005
396
30.09.
392
31.10.
377
380
30.11.
31.12.
2006
*without interest and other receivables on the bill of 190, 290 and 390 accounts
Share of credits and other non-performing receivables in total Bank’s credits
and other receivables as at the end of particular months in 2005 and 2006 (%)*
26,8%
26,7%
26,5%
26,0%
25,9%
25,4%
25,3%
24,8%
24,7%
23,9%
23,2%
22,5%
22,0%
21,6%
21,2%
23,2%
23,5%
21,4%
20,5%
20,2%
19,5%
19,0%
17,9%
17,0%
31.01.
28.02.
31.03.
30.04.
31.05.
30.06.
31.07.
2005
31.08.
30.09.
31.10.
30.11.
31.12.
2006
*without interest and other receivables on the bill of 190, 290 and 390 accounts
As at the end of 2006, in almost all groups of customers there
In addition, indicator of non-performing credits’ share to total credits
was recorded a lower balance of credits and other non-performing
and other receivables decreased in all core customer groups. In the
receivables, in relation to 2005. The biggest drop in the above
structure of irregular credits dominated credits and other receivables
mentioned receivables succeeded in the group of business entities
classified as “lost”, both as at the end of 2005 and 2006. Throughout the
(down by PLN 45,0m). As far as the sector of governmental and self-
previous year, their level went down by PLN 38,2m.
governmental institutions is concerned, all irregular receivables have
been recovered as a result of restructuring and debt collection activities.
21
2006
Credit portfolio
Quality of Bank’s credit receivables in 2005 and 2006 (PLN ‘000)*
Change
Dynamics
31.12.2005
31.12.2006
2006-2005
2006/2005
433 163
380 222
-52 941
87,8%
- below standard
57 980
44 523
-13 457
76,8%
- doubtful
10 136
8 847
-1 289
87,3%
- lost
365 047
326 852
-38 195
89,5%
Non-performing credits:
* without interest and other receivables on the bill of 190, 290 and 390 accounts
22
2006
Product offering
In 2006, Bank pursued a policy of modification and
product offering’s adaptation to the needs of customers
representing different market sectors.
These actions were pursued under three directions:
- adding in new products to the offer,
- modification and modernization of existing products,
- modification of internal procedures.
At present, Bank has a complex product offering both for
business customers and for individual ones. The offer spans over
products enabling current financial services, surplus funds
management, as well as financing of current and investment
activities. Wide range of products and attractive pricing parameters
allow for an effective competition with commercial banks in many
areas.
- Uniwersalny Kredyt Hipoteczny, advanced for any purpose.
New Bank’s offering of housing loans is one of the most
competitive on the market, what attest high positions in rankings
and press listings – i.a. 2nd place for Mój Dom housing loan in
Gazeta Wyborcza and Expander ranking as at November 15th 2006.
Other Bank’s products for individual customers were
also awarded in numerous press rankings, e.g.:
- 2nd place for Szybka Gotówka credit in Gazeta Prawna and
Expander ranking as at August 22nd 2006,
- 2nd place for POL-Konto account in Gazeta Bankowa ranking as
at December 7th 2006,
- 3rd place for POL-Konto Senior account in Super Express
ranking as at December 18th 2006.
In 2006, Bank’s offering dedicated to corporate
In 2006, Bank’s offering was enhanced with new
bancassurance products and financial intermediary. Cooperation
was initiated with:
enterprises of housing communities;
- Generali Życie Towarzystwo Ubezpieczeń S.A.
(bancassurance),
- Loan and credit mortgage line – two credit products, which risk
evaluation is based mainly on collaterals, dedicated to small
- Nykredit Realkredit A/S Spółka Akcyjna Branch in Poland
(housing loans),
and micro enterprises, farmers and customers from
agricultural&alimentary industry;
- Liberty Poland S.A. (electronic units of mobile phones
prepayment).
In 2006,
customers was enhanced with the following products:
- investment credit „Wspólny Remont” – for financing investment
- Bridging loan with EU surcharges – supporting and facilitating
structural funds absorption with respect to SPO WKP
a number of actions were taken aiming at
improvement and simplifying the offer for individual customers. One
Subactivity 2.2.1. – Support for entrepreneurs realizing new
investments;
of these was introduction of Unilokata, a product combining
- Biznes/Agro Biznes Packets – current accounts in the form of
features of a term deposit with investment funds, in February 2006,
packets dedicated to small companies and individual farmers.
and in April 2006, a savings account POL-Efekt with attractive
interest rates and bigger flexibility of managing own funds.
In addition, Bank’s offer was enriched with two new credit products
secured on a mortgage:
- „Mój Dom” housing loan,
23
2006
In order to enhance BPS Affiliation’s marketing activities,
as well as revitalized and widened its own page (www.bankbps.pl).
Marketing Office has been established on March 1st 2006.
In 2007, Bank schedules further functionality enhancement of both
Marketing Office, a new organizational unit in Bank BPS structure, is
websites.
responsible for: pricing policy, marketing research, visual
Cooperation with media enabled to present Bank’s products in
identification standards, management of Bank’s and Affiliation’s
numerous rankings and press comparisons. Bank’s product
information services in Internet, as well as managing data base on
offering is assessed as competitive, which fact is confirmed by
Bank’s products for employees, rendering information on Bank’s
holding top positions in press rankings of banking products, e.g.
products offer accessible to media, development of marketing
2nd place for housing loan Mój Dom in Gazeta Wyborcza and
strategy for market segments, in which Bank operates, and
Expander ranking as at November 15th 2006, 2nd place for Szybka
conducting promotional activities. In 2006, Bank’s Spokesman
Gotówka consumer loan in Gazeta Prawna and Expander ranking as
Office, which duties consist in public relations area, has been also
at August 22nd 2006, or 2nd position for POL-Konto account in
brought to life.
Gazeta Bankowa ranking as at December 7th 2006.
Within marketing and public relations activities, Bank BPS
Bank BPS cooperated with Foundation of Cooperative
monitored the market of banking products, conducted independent
Banking Development being e.g. a coorganizer of a conference
marketing research, prepared data bases on customers, introduced
„Secure Cooperative Bank”. Bank BPS supported also social and
systems supporting sales and promotion, as well as cooperated
charity institutions such as: orphanages, social care centers,
with media and promoted cooperative banking. Bank rendered
schools and sports clubs.
reports concerning banking market accessible to affiliated
In 2006, Bank Polskiej Spółdzielczości S.A. was
cooperative banks. Bank published a BPS Affiliation’s bulletin „Bank
appointed a member of International Cooperative Banks Affiliation
Wspólnych Sił” and an internal bulletin for Affiliation’s employees of
(CIBP - Confédération Internationale des Banques Populaires). CIBP
marketing departments under the title “Marketing News”. In the 1st
is a non-governmental, international organization affiliating
half-year of 2006, there was orchestrated a national image
cooperative banks, institutions and financial organizations
campaign of cooperative banks affiliated with banks: Bank BPS
supporting development of small and medium enterprises, as well
S.A., GBW S.A., MR Bank S.A. The campaign was conducted under
as individual customers. At present, its members comprise
the slogan “Cooperative Banks – we work for your benefit”. The
cooperative banks from 18 countries. Nowadays, works started in
campaign was prepared and created in a way allowing to achieve
2006 upon elaboration of a comprehensive internal communication
the biggest possible response in the target group. In 2006, there
strategy and development of a cohesive marketing strategy,
was also elaborated a concept of promotional activities planned for
including specificity of market segments and undergoing changes
2007 and a scope of cooperation in terms of promotion with three
in the Bank’s customer structure, are continued.
cooperative banking affiliations. At the end of 2006, Bank BPS
launched a new BPS Affiliation’s website (www.zrzeszeniebps.pl),
24
2006
In the course of 12 months in 2006, Bank’s investment
As at the end of 2006, inter-bank deposits rose to PLN
policy was strictly binded with the macroeconomic environment
1,4bn, up by PLN 26,5m, i.e. 1,9%, versus 2005. The balance of
and tasks connected with its duties as an Affiliating Bank. The
money market securities equalled PLN 4,6bn, up by PLN 487,3m,
deposit balance basis for Treasury Department comprised funds of
i.e. 11,8% over 2005.
cooperative banks complemented to a minor degree with deposits
acquired on inter-bank market.
With respect to securities operations, the major role in the
As at December 31st 2006, liabilities due to the Central
investment area played money bills of National Bank of Poland
Bank reached the value of PLN 91,2m, while in the previous year
(NBP) and treasury bonds, which comprised in aggregate 76,2% of
stood at PLN 701.000. In relation to 2005, balance of loans granted
all money market securities, at the end of 2006.
by Banking Guarantee Fund declined by PLN
181,5m. As at
December 31st 2006, the liabilities due to cooperative banks
As at December 31st 2006, the balance of net capital investments
amounted to PLN 6,4bn and went up by PLN 738,5m, over the 2005
stood at PLN 4,1m, and fell by PLN 2,3m, down by 35,7%, over the
figure. This considerable increase was driven by EU direct
2005 figure.
surcharges for agriculture. Funds obtained from cooperative banks
were placed on an inter-bank market and in money market
securities.
IT development
In 2006, Bank Polskiej Spółdzielczości S.A. outlaid on IT
hardware vendors, as well as supplement of Bank’s key systems
the sum of PLN 4,3m, from which for fixed assets - PLN 3,1m, and
functionality. What was also introduced, is a pilot system
for intangible assets – PLN 1,2m. IT expenditures were spent on IT
maintaining cooperative bank’s deposits. Bank together with
infrastructure modernization (PLN 2,5m), improvement of IT
affiliated cooperative banks started also works under the choice of
solutions security (PLN 636 000) and projects connected with
mandatory NBP reporting system. Moreover, Internet Banking Team
affiliative activities (PLN 379 000).
has been created and began already working on implementation of
Bank’s actions with respect to IT focused primarily on
internet banking for private persons, small companies and individual
termination of the most important enterprises started in the
farmers. The process of Bank’s operational risk system introduction
preceding years, as well as on preparation of innovative projects,
has also been initiated. With respect to the continuous IT
which will allow to offer new products and services both to Bank’s
development, market of available solutions was monitored on a
and affiliated cooperative banks’ customers. Current objectives
regular basis, in order to find new solutions that could be
encompass improvement of Bank’s tele&IT infrastructure,
implemented in the Bank itself, and in the affiliated cooperative
streamlining the cooperation with the most important software and
banks.
25
2006
In 2006, Bank executed international money orders
incoming and outcoming abroad, collection and sale of checks,
documentary import and export letters of credit, documentary
collection and bank guarantees.
Number of foreign operations conducted by Bank in the years 2005-2006 (in units)
Change
2006 - 2005
2005
2006
International money orders
88 891
128 682
39 791
Internet remittances
12 426
40 204
27 778
1 027
1 204
177
Documentary letter of credit
20
35
15
Documentary collection
67
97
30
Bank guarantees
10
7
-3
102 441
170 229
Checks purchased and accepted for collection
Total
67 788
Comparing with the preceding year, there followed a
eight convertible currencies (USD, EUR, GBP, CHF, SEK, CZK, SKK,
substantial growth in the number of almost all kinds of foreign
HUF), which offers a possibility of conducting transactions directly
operations by 66,2%, in total. Also customers paying for goods and
in these currencies without a need of currency conversion.
Bank’s
As at December 31st 2006, 107 cooperative banks
foreign currency offering. Bank sells and purchases currency funds
services through cash settlements took advantage of
concluded agreements with Bank BPS regarding foreign currency
for foreign business trips for corporate customers, and for private
discharge and recharge, as well as placing surplus funds in
customers through exchange office sale.
convertible currencies. Bank introduced also foreign currency
In 2006, Bank maintained loro accounts and deposit term
accounts for authorized affiliated cooperative banks that conduct
transactions, in this way giving cooperative banks’ customers a
possibility to foreign settlements handling.
foreign currency settlements. Loro accounts can be maintained in
Balance of receivables classified in the category
receivables purchased from cooperative banks on the basis of
“doubtful” and “lost”, under restructuring and debt collection as at
restructuring bonds of “D” series, was reduced in a considerable
the end of 2006 totalled PLN 335,7m, and in relation to the end of
way.
2005, went down by PLN 39,5m.
Throughout 2006, the capital of „doubtful” and „lost”
In 2006, the number of „bad debt” declined by 410
receivables dropped by PLN 65m, as a result of debt recovery,
positions, mainly due to the completion of vindication processes
remission, receivables’ write-off as irrecoverable and debt write-off
with respect to private customers. Similarly, the number of
to off-balance-sheet.
26
2006
Risk management
In 2006, Bank Polskiej Spółdzielczości S.A. took numerous
portfolio diversification in terms of credit risk.
actions in order to improve the quality of financial risk management.
These activities were directed at Bank’s adapting to requirements of
Supporting risk management by external data bases
New Capital Accord.
Concluded on July 26th 2006 agreement with Deloitte
With respect to information exchange systems, Bank
cooperates with the following external institutions:
Advisory Sp. z o.o. with respect to providing advisory services,
- Polish Bank Association (ZBP) - Credit Information Office (BIK)
concerns above all carrying out a thorough analysis of loopholes in
- PONT Info Sp. z.o.o.
terms of Bank’s preparations towards implementation of New Capital
Within this cooperation, Bank takes advantage of the
Accord. On December 22nd 2006, there was created a document
following data bases supporting credit risk restraint:
under the name of „Analysis of New Capital Accord loophole of Bank
MIG-BR
Polskiej Spółdzielczości S.A. – final report on the project of New
Bank jointly with affiliated cooperative banks benefits from Inter-bank
Capital Accord loophole”.
Economic Information – Banking Register (MIG-BR).
On the basis of the document prepared by Deloitte, Bank is working on
AMRON
implementation of New Capital Accord. In 2007, Bank will introduce
In 2006, there were started works with respect to implementation of
an integrated system for financial risk and credit risk management.
System of Analysis and Real Estate Market Monitoring AMRON, both
in Bank BPS and cooperative banks. System is to provide with a quick
Credit risk
access to data necessary for credit analysis and valuation of risk
Bank conducts monitoring of credit receivables portfolio on a regular
connected with a real estate, as a collateral.
basis, and makes periodic and ad hoc reviews. Periodic reviews are
MIG-POJAZDY
made depending on the category of credit exposure risk and the sum
MIG-POJAZDY system was introduced in 2006. System serves to
of involvement on a quarterly, semi-annual or annual basis, and
eliminate stolen vehicles from trade turnover, and to minimize banking
serve as enhancement of credit process security.
risk, concerned with financing secondhand cars.
Above mentioned actions are to lead towards constricting
credit involvement in business activity of customers, which situation
is subject to deterioration.
BIK
In accordance with Agreement with respect to gathering, processing
and rendering information accessible, signed with BIK SA, Bank uses
In accordance with Bank’s Organizational Statute,
BIK System – individual customer. Taking advantage of the system
Department of Credit Risk Management manages credit risk in a
considerably decreases risk of credit transactions concluded with
centralized way, i.e. through functional and administrative
private customers.
subordination of Credit Verification Divisions established by
Regional/Voivodeship Branches. Due to article 71 of Banking Law,
Market risk
limits of debt concentration were not exceeded. As at December 31st
The aim of market risk management is to limit sensitivity of
2006, limits of debt concentration established according to above
Bank’s balance positions against the prices changes on financial
mentioned regulations amounted to, respectively:
instruments markets. In 2006, within hedging against market risk, the
- 20% of Bank’s funds, i.e. PLN 57 270 000,
policy of adaptation of Bank’s products prices to the changing
- 25% of Bank’s funds, i.e. PLN 71 588 000.
macroeconomic environment was pursued. Concurrently, in able to
As at the end of 2006, Bank’s involvement in financing
avoid necessity of capital requirements due to market risk uprising, an
particular entities did not exceed limits of concentration binding by
insignificant scale of business activity has been sustained. Exchange
Banking Law.
rate risk
Credit analysis according to involvement’s size in a single
In 2006, monitoring of currency portfolio exchange rate risk took
transaction and transactions of entities connected with one another
place on a daily basis through measurement of potential losses on
through capital or organizational reasons, indicates at major credit
held currency positions, in connection with historical exchange rate
27
2006
Risk management
changes using a Value at Risk (VAR) method.
Interest rate risk
Operational risk
In 2006, interest rate risk management holds primarily via
In 2006, Bank BPS continued process of identification and
investments in money market instruments, and within current
valuation of threats connected with operational risk in all significant
updating of deposit and credit Bank’s products interest rates,
areas of Bank’s activity. Bank calculated cyclically Key Risk
adjusting the offer to the changing market interest rates.
Indicators (KRI) and analyzed their size, comparing to appropriate
With respect to an insignificant scale of business activity,
border values. Estimation of Bank’s exposure at risk was done it the
Bank was not obligated to hold capital requirement due to general
area of:
interest rates risk, binding on banks through Resolution no. 4/2004 of
1) operational risk factors – people, processes, systems, external
Banking Supervision Commission (KNB) from September 8th 2004.
events,
2) legal risk, upon knowledge on litigations led – pending due to
Bank’s action, actions brought against Bank and cases lost,
Liquidity risk
On account of Bank’s affiliating function, a special duty
3) size of operational risk capital requirement – value in force and
constitutes assurance of ability to secure current and future liabilities
value forecast as at the end of the year,
by the Bank itself, and supporting affiliated cooperative banks in the
4) values of selected direct components concerning operational risk
same area. As part of liquidity risk management system, Bank
– operational costs,
pursued monitoring and financial liquidity measurement, according to
system.
recorded in finance-accounting defBank
the ruling regulations in this scope. Mode of information circulation
and cooperation of particular Bank’s organizational units included
Ruling procedure referring to Bank’s system of operational
within liquidity management system: Bank’s managerial and
risk factors measurement, implied records in terms to operational risk
supervising bodies, as well as operational and control units.
factors, included in M Recommendation of Banking Supervision
Bank increases its equity consecutively on an annual basis.
Bank’s equity (PLN m)
Throughout 2004 – 2006, equity rose by PLN 93,9m.
As at December 31st 2006, Bank’s equity represented an
upturn trend and equalled PLN 286,4m, up by PLN 38,5m than the
2005 figure.
192,5
247,8
286,4
Capital adequacy ratio as at the end of 2006 stood at
14,05%.
2004
2005
2006
28
2006
Introduction
Aid funds
EU funds
29
In 2006, Bank BPS provided services to 351 affiliated
cooperative banks and cooperating Krakowski Bank Spółdzielczy.
2006
Introduction
credit interest rates from Agency for Restructuring and
Modernization of Agriculture (ARiMR).
In 2006, Bank conducted a number of actions concerning support
Bank BPS supports affiliated cooperative banks in their
of
affiliated
cooperated
banks
in
New
Capital
Accord
activities through providing a line of products and services.
implementation. A huge challenge for affiliating banks is
Electronic Settlements Center (CRE) with respect to inter-bank and
development of methodology in the field of internal process of
inter-branch transactions maintained 734 units of cooperative
capital adequacy assessment. In September 2006, the next phase
banks.
of works under developing ICAAP model was finished and, upon
Bank offers services with respect to payment cards,
reconciliation with other affiliating banks, passed over to General
represents cooperative banks in relations with other card issuers as
Inspectorate of Banking Supervision (GINB) in order to receive an
well as VISA and MasterCard systems, and gradually builds up the
opinion of banking supervision. Additionally, in the previous year
ATM’s network of BPS Affiliation.
Bank conducted simulations on a regular basis that regarded
In 2006, Bank BPS was an active participant in organizing
capabilities of particular banks with respect to achievement equity
syndicated credits involving affiliated cooperative banks, managed
on the level of 3rd capital threshold set forth by Banking Law, till the
aid funds and provided non-profit services for the benefit of
end of 2007. Banks that are not capable of raising required funds on
cooperative banks. Bank also took actions, on behalf of cooperative
their own, were given individual paths of capital development.
banks and in its own name, with respect to acquiring surcharges to
As at December 31st 2006, Electronic Settlements Center
In 2006, the quantity of documents passed to Elixir
(CRE) with respect to inter-bank and inter-branch transactions
system went up to 81 915 188 units, up by 15,5% versus 2005.
maintained 734 units of cooperative banks with their own settlement
Orders from cooperative banks comprised 96,3% of all settlements,
numbers, and 55 Bank’s organizational units. Centralization ended
and the settlements of Bank’s organizational units - 3,7%.
in December 2005 facilitated handling of the entire settlements.
30
2006
Bank BPS provides services with respect to support of
to 191,800, of which 19,800 constituted Bank’s cards and
cards, and represents cooperative banks in relations with card
172,000 cards were of affiliated cooperated banks. Comparing with
issuers, and VISA and MasterCard systems. The number of active
2005, the number of active payment cards grew by 62,100 cards.
cards issued within BPS Affiliation as at the end of 2006 amounted
The growth in number of issued and maintained cards went hand in
Affiliation’s cards. In 2006, the number of transactions increased
hand with the volume and value of transactions made with BPS
by 42,8%, howsoever, the value of transactions made by 65,3%.
Number and value of card transactions in 2005 and 2006
31.12.2005
No. of transactions (in units)
Value of transactions (PLN ‘000)
31.12.2006 Dynamics in %
3 920 648
5 599 099
142,8%
921 905
1 523 638
165,3%
BPS Affiliation’s network of ATM’s is one of the fastest developing
2006, the number of ATM’s rose by 246 units and amounted to 815
ATM network in Poland in terms of the number of machines. In
in total.
31
2006
Number of ATM’s in the Affiliation’s network in 2005 and 2006 (units)
Change
31.12.2005
Bank BPS
No. of ATM’s
In
2006,
Bank
BS
33
Total BPS Affiliation
worked
Bank BPS
536
569
under
the
project
of
„Reorganization of BPS Affiliation’s ATM network”, which in
2006-2005
31.12.2006
34
815
BS
781
Bank BPS
1
BS
245
246
- change of an operator managing ATM’s work from Polcard for BZ
WBK.
accordance with the decision of Affiliation’s Board proceeds in two
In 2006, works on the 1st stage of the project were
stages and encompasses:
finished. Additionally, the first preparatory steps towards the 2nd
- adapting ATM’s to the specifications of payment organizations
project’s stage have been taken. The 2nd stage is to be realized in
Visa and MasterCard in terms of transactions coding in 3DES
2007.
standard and change of communication protocol from X.25 for
TCP/IP,
32
2006
Aid funds
Aid funds functioning within BPS Affiliation serve above
subordinate loan in the value of PLN 0,2m from BPS Affiliation’s aid
all to enhance security of affiliated cooperative banks, to implement
funds. In addition, two subordinate loans were extended from Aid
information technologies and building up equity. The biggest
Fund for an amount of PLN 7,0m.
financial support provides Aid Fund, which accumulates funds in
Loans advanced from the funds of Capital Fund aroused
the value of PLN 65,2m as at December 31st 2006, including
also great interest in 2006. Loans were advanced above all for the
cooperative banks’ contributions at the level of PLN 61,8m and
purpose of IT investment projects as well as supporting and
Bank’s share of PLN 3,4m. The indicator of contributions to this
financing the costs of cooperative banks’ mergers. As at the end of
Fund constituted 0,35% of deposits that were raised in Bank BPS
2006, there were initiated funds for 44 cooperative banks in an
and affiliated cooperative banks, at the end of the year preceding the
aggregate value of PLN 8,5m.
contribution, providing a basis for computing the mandatory
reserve.
In 2006, funds from Capital Fund were not involved in the
subordinate loans, increasing equity of cooperative banks.
As at the end of 2006, the total sum of subordinate loans
Cooperative banks had also access to Aid Fund for
granted to cooperative banks amounted to PLN 28,1m, of which
Cooperative Banks, which fund was established from Bank’s profit
PLN 1,2m comprised subordinate loans from Bank’s own funds,
write-off in an aggregate value of PLN 3,6m. Attractive interest rates
and PLN 26,9m from BPS Affiliation’s Aid Fund.
of loans advanced from Aid Fund for Cooperative Banks, i.e. at 0,25
In 2006, 23 subordinate loans were repaid in a total sum
of PLN 6,1m, advanced from the Bank’s own funds, and one
of rediscount bill rate, constituted the main reason for high usage of
89% funds in the form of 15 aid loans.
In 2006, Bank BPS was an active participant in organizing
Bank’s balance commitment in syndicated credits with
syndicated credits involving cooperative banks in the area of
affiliated cooperative banks equalled PLN 513,4m, as at the end of
investment and operating finance of corporate customers, as well
2006, and went up over the year by PLN 236,2m, i.e. by 85,2%
as local authority entities.
(investment ones by PLN 164,1m, and revolving ones by PLN
72,1m).
Receivables due from syndicated credits involving cooperative banks (PLN ‘000)
Change
31.12.2005
Dynamics
31.12.2006 2006-2005 2006/2005
Investment credits
217 759
381 840
164 081
175,3%
Revolving credits
59 468
131 608
72 140
221,3%
277 227
513 448
236 221
185,2%
TOTAL
The pace of syndicated credits growth at the value of
185,2% allowed for an increase in share of this type of credits in total
Bank’s credits and other receivables up by 8,0 p.p. in the course of
2006.
33
Bank Polskiej Spółdzielczości S.A. takes actions on
2006
Affiliation’s needs. Credit action, in which the Bank’s Affiliation
behalf of affiliated cooperative banks aiming at acquiring
involved its own funds in cooperation with ARiMR
in 2006
surcharges to credit interest rates in the value securing the
amounted to PLN 1,44bn, i.e. 81,8% of value granted by ARiMR.
Value of credits advanced by BPS Affiliation in cooperation with ARiMR (PLN ‘000)
Credit action in 2006
Granted by
Usage
ARiMR
Investment
of usage
878 844
852 643
97,0%
1 110
1 110
100,0%
875 582
582 915
66,6%
1 755 536
1 436 668
81,8%
Disastrous - investment
Disastrous - revolving
TOTAL
%
The value of acquired surcharges from ARiMR in 2006
- guarantees from the funds of EU Guarantees Fund,
totalled PLN 120,2m, which includes credits advanced both in 2006
- guarantees of portfolio mode from the funds of EU Guarantees
and in the preceding years. Bank BPS has also in its offering for the
Fund,
crediting banks guarantees, functioning as collaterals, of Bank
- cooperation with respect to guarantees from the funds of National
Gospodarstwa Krajowego, Agency of Agricultural Market (ARR)
Credit Guarantee Fund, - cooperation with respect to guarantees of
and Agency for Restructuring and Modernization of Agriculture
portfolio mode from the funds of National Credit Guarantee Fund, -
(ARiMR). Funds are raised on the basis of 24 agreements
cooperation with respect to guarantee student credit portfolio,
concluded with external institutions. Additionally, in response to
- cooperation with respect to advancing credits subsidized by the
expectations of cooperative banks until the end of 4th quarter of
Fund of Guarantees and Student Credits,
2006, Bank concluded agreements with Bank Gospodarstwa
- Agreement concerning a contest „The best salesperson of FPU
Krajowego, regarding:
guarantees”.
In 2006, Bank BPS and cooperative banks took advantage
EU funds
- Project „Bioenergetics in agriculture – new challenges for
of financial funds acquired from EU. The following projects were
Poland”, for which a microgrant of PLN 4.000 had been
accomplished:
gained.
- Project „To know and understand the Portuguese experience –
cooperative banks a partner in the process of countryside
Bank BPS had a representative in the EU Funds Working
development” – a field trip, for which a grant of PLN 647,000
Group which dealt with:
had been gained,
- valuation of changes in the assessment system and documents
- Project „EU Advisory in Cooperative Banks – a standing
element of information infrastructure throughout 2007-2013” –
a training project, for which a grant of PLN 100.000 had been
acquired,
regarding European assistance for small and medium-sized
companies throughout 2004-2006,
- valuation and participation in the consultancies of operational
programs concerning EU budget in the years 2007-2013.
34
2006
In 2006, Bank continued actions leading to an
Participation of cooperative banks in the program is
enhancement of cooperation with affiliated cooperative banks with
voluntary and is followed by signing an agreement. Payment for the
respect to providing chargeable services in the range of, incl.:
provided services is based on the non-profit principle, according to
- internal institutional control in the affiliated cooperative banks
which revenue gained through providing services should cover
(as at December 31st 2006 – 202 active agreements),
labor costs of the employees dealing with these services. Number of
- information security control (21 agreements),
Bank’s employees providing non-profit services amounted to 23.
- supporting cooperative banks in the area of interest rate and
exchange rate risk (as at December 31st 2006 51 agreements).
35
2006
Cooperation with foreign banks
36
2006
Bank Polskiej Spółdzielczości S.A. participates in the
International System of Financial Telecommunication - SWIFT,
system of cross-border settlements in Germany -
STEP2
BPS Affiliation to functioning upon Poland’s accession to the
European Currency Union.
With respect to developing the international cooperation,
(European system for Euro settlements), as well as EuroELIXIR and
Bank BPS established contact with financial institutions, dealing
SORBNET – EURO systems. In addition, Bank has a stable network
with swift payment transfers via Internet. The recipients constitute
of correspondent banks, with whom it has been cooperating for
above all relatives of Polish citizens working abroad, who do not
many years. In our cooperation with foreign banks, we execute
have their own banking accounts and, at the same time, who expect
transactions in convertible currencies as well as in PLN, on behalf of
cheap and fast money transfers to Poland. In 2006, Bank
residents and non-residents. Bank provides its services both to its
cooperated in respect to Internet transfers with companies and
own customers, and the customers of cooperative banks.
foreign banks, as follows:
Bank BPS maintains loro accounts of the following
- Money Exchange SA, Madrid,
foreign entities:
- One Money Mail Ltd. (Sami Swoi), London,
- DZ Bank Frankfurt am Main (account in PLN),
- Telegiros, Madrid,
- Credit Mutuel Maine – Anjou Basse Normandie, Laval (account
- Investquid, London,
in PLN),
- EUROPHIL, USA,
- Joint Stock Commercial Bank ”Intercoop Bank”, Moscow
(accounts in EUR and USD),
- Uniastrum Bank, Moscow (accounts in EUR and USD),
- Russlavbank, Moscow (accounts in EUR and USD),
- EFG Eurobank Ergaisias S.A. (Polbank), Warsaw (account
in PLN).
- Uniastrum, Moscow,
- Joint Stock Commercial Bank- Intercoop Bank, Moscow,
- Russlavbank, Moscow.
Aiming to improve the foreign exchange offering, Bank
develops gradually its cooperation with DKV Euro Service GmbH,
Dusseldorf, company, which provides its services featuring noncash transactions made with credit cards during road transport in
In 2006, the representatives of Bank BPS took an active
part in the works of Club TARGET2, functioning in the structures of
Europe, both to transport companies and any others. The Bank acts
as a warrantor of EUR payments.
NBP Payment System Department, in order to prepare Bank well to
change EuroELIXIR system for TARGET2 (compliant with EU
norms). Moreover, they have attended meetings of working SEPA
Poland groups (in the structures of Polish Bank Association (ZBP),
concerning direct debit, remittance and cards, in order to prepare
37
2006
DEVLOPMENT OUTLOOK AND PLANS FOR THE FUTURE
Devlopment outlook and plans for the future
38
2006
DEVLOPMENT OUTLOOK AND PLANS FOR THE FUTURE
The core goal of Bank BPS for the years 2006-2008 is
customers. Actions in this scope will focus on introducing
modernization and development in all areas of activities, as well as
instruments hedging against the market risk of banks and their
providing a secure basis for BPS Affiliation’s in the years to come.
customers. Improving the quality of services offered to Bank’s and
cooperative banks’ customers will constitute another area of
In 2007, the process of Bank’s restructuring is assumed
intensive implementation works.
to be continued through a number of actions, i.a.:
- improvement of Bank’s management quality, with respect to
Bank’s plans for the year 2007 include IT projects
concerning, i.a. implementation of requirements set forth in the New
e.g. an upswing in profitability of the outlets network, as well as
Capital Accord, enhancement of Bank’s management and rising
further rationalization of Bank’s operating costs, which both will
security of IT solutions. Moreover, Bank started intensive
effect in better efficiency indicators,
preparations for a start-up of the following projects of strategic
- perfecting the cooperation with Cooperative Banks mainly in the
area of offered products and services,
- making the IT infrastructure bigger and more modern, which,
as a result, will allow for complying to the resolutions of Basel
Committee Directives and Polish banking supervision,
- enhancement of credit portfolio quality, i.a. due to effective debt
collection and restructuring activities.
In January 2007, new principles of costs management,
including depreciation, have been implemented. In accordance with
meaning:
- integration of Affiliation’s systems enabling an on-line payment
cards’ authorization or any-branch account service,
- choice and implementation of a Front-Middle-Back Office
system, an auto dealing system and a foreign currency
transfers system,
- preparation of IT strategy for Bank and the whole Affiliation,
- raising EU funds for IT development within Affiliation.
Enterprises
connected
with
new
IT
systems
new rules, expenses are assigned to where they have arisen, i.e.
implementation will contribute, on the one hand, to an increase of
sales outlets (Regional Branches, Branches and Subsidiaries), or
Bank’s operating costs, but on the other hand, their effects will
Departments and Offices in the Bank Headquarters. The newly
provide a competitive edge enabling Bank and the whole Affiliation
adopted filling system will allow to enhance knowledge on the
to compete with commercial banks, as the organizational and
expenses incurred by the particular units, and, as a result, it will
technological differences will shrink.
follow a deeper analysis and more efficient management.
Bank’s credit policy assumes facilitating a safe credit
Additionally, such a solution will simplify the thorough units’
portfolio structure and such an objective will be pursued
assessment and recognition of their true effectivity.
consistently in 2007. The improvement of credits quality will be
With respect to Bank’s serving as an affiliating bank, the
affected above all by execution of new credit transactions featuring
basic assumption of investment policy will be providing security and
lower credit risk, as well as by efficient process of recovery of credit
regularity of functioning, both for the Bank itself and cooperative
exposures belonging to so-called risk class - “lost”.
banks. Concurrently, the effectivity of funds management will
All the above mentioned goals which are assumed to be
gradually take on. There will be taken actions relating to
achieved in 2007, should contribute to an improvement of pre-tax
enhancement of the offering for cooperative banks and corporate
financial result and Bank’s effectivity indicators, in relation to 2006.
39
2006
Balance-sheet
Cash flow statement
40
2006
The auditor’s opinion below is a translation from the original Polish
In our opinion the examined financial statements of Bank
version. In case of any discrepancies between the Polish and English
Polskiej Spółdzielczości S.A. for the accounting year 2006, have been
version, the Polish one shall prevail.
made in all the material aspects:
- regarding their form and contents in accordance with the
To the Shareholders of Bank Polskiej Spółdzielczości S.A.
We have audited the attached financial statements of Bank
Polskiej Spółdzielczości S.A. located in Warsaw, 9/11 B Płocka Str.,
including:
- introduction to the financial statement,
- balance sheet prepared as on 31st of December 2006, with total
assets and liabilities of PLN 8.724.545.946,18,
- capital adequacy ratio, - statement of the off-balance sheet items
amounting to PLN 704.181.573,90 as at 31st of December 2006,
- profit and loss statement for the accounting year from
1st of January 2006 to 31st of December 2006, showing net profit
of PLN 22.702.950,41,
- statement of changes in equity for the accounting year from
1st of January 2006 to 31st of December 2006, showing an increase
in equity of PLN 23.763.668,84,
- cash flow statement for the accounting year from 1st of January 2006
to 31st of December 2006, showing an increase in cash funds of
PLN 111.997.732,35,
- additional information and explanations.
It is the Management Board of the Bank that is responsible for
preparation of these financial statements. Our task was to audit and to
express the opinion on the accuracy, correctness and clarity of these
financial statements, and the accuracy of the underlying account books,
which provide basis for the valuation.
The audit of the financial statements was planned and
performed according to the following resolutions: - chapter 7 of the
Accounting Act of 29th of September 1994 (Journal of Laws – Dz. U. - of
2002 no. 76, position 694 with later amendments),
- auditor’s standards issued by the Domestic Council of Certified Auditors
and Chartered Accountants in Poland in such a way as to obtain
reasonable and adequate grounds to express an opinion, whether the
financial statements were free of significant errors. The audit consisted in
requirements of the Accounting Act of 29th of September 1994
(Dz.U. of 2002 no. 76, position 694 with later amendments), with the
requirements of the Banking Law Act of 29th of August 1997
(Dz.U. of 2002 no. 72, position 665 with later amendments), with the
ordinance of the Minister of Finance of 10th December 2001 on banks
accounting principles (Dz.U. of 2001 no. 149, position 1637 with later
amendments), with the ordinance of the Minister of Finance
of 10th of December 2003 (Dz.U. of 2003 no. 218, position 2147
with later amendments) on building up provisions for risk connected
with bank activities and with the Statute of the Bank,
- in accordance with defined accounting principles, above mentioned
regulations and accounting policy of the Bank with an observance of
the principles of their continuity,
- on the ground of the correctly kept account books,
and it confirms in a suitable and clear way all the information relevant
for proper assessment of the material and financial condition of the
Bank as at 31st of December 2006, as well as its financial results for
the accounting year from 1st of January till 31st of December 2006.
Having no reservation regarding the correctness and accuracy
of the audited financial statement, we draw attention to the fact, that the
Bank is in the process of realization of the Recovery Program, approved of
the Banking Supervision Commission on 23rd of February 2004. Point no.
35 of the additional notes to the financial statements contains detailed
information on degree and estimation of the realization of the Recovery
Program as at 31st of December 2006. The Bank’s capability to realize the
Recovery Program approved of the Banking Supervision Commission and
the activities of regulation bodies, which could be undertaken in case of not
achieving the results assumed in the Program, cannot be defined at the
moment.
The report on the activities of the Bank for the accounting year
2006 is complete in the meaning of article 49 clause 2 of the Accounting
Act, and consistent with the underlying information contained in the
audited financial statements.
particular in examination – largely on random basis – of the accounting
evidence and records giving ground to the figures and information included
in the financial statements, as well as of the examination of the correctness
of the adapted accounting principles, estimations made by the
Management Board of the Bank, and general evaluation of the financial
statements’ presentation. We believe that our audit provided us a
reasonable foundation for giving an opinion.
Warsaw, April 20th 2007
Deloitte Audyt Sp. z o.o.
41
No.
I.
II.
2006
Balance-sheet
31.12.2006
31.12.2005
Cash and amounts due from the Central Bank
288.270.758,85
177.164.732,46
1. Current
ASSETS
238.140.456,93
121.204.587,08
2. Term
50.059.239,92
55.848.003,68
3. Other
71.062,00
112.141,70
0,00
0,00
1.490.276.028,77
1.454.775.001,26
5.656.331,52
4.764.625,56
Debt securities eligible for refinancing with the
Central Bank
III.
Receivables from the financial sector
1. Current
IV.
2. Term
1.484.619.697,25
1.450.010.375,70
Receivables from the non-financial sector
1.863.582.838,67
1.589.818.086,94
235.593.743,03
199.502.828,60
1.627.989.095,64
1.390.315.258,34
311.964.241,36
190.035.347,08
2.643.697,04
2.422.999,77
309.320.544,32
187.612.347,31
1. Current
2. Term
V.
Receivables from the budgetary sector
1. Current
2. Term
VI.
Securities purchased under resale agreements
0,00
0,00
VII.
Debt securities
4.632.038.433,15
4.144.732.747,19
1. Banks
2.163.341.437,85
2.939.454.861,48
2. State Treasury and local authorities
2.467.114.968,01
1.203.695.858,42
1.582.027,29
1.582.027,29
Participations or shares in subsidiaries
0,00
0,00
1. In financial institutions
0,00
0,00
2. In other entities
0,00
0,00
3. Other
VIII.
IX.
X.
Participations or shares in affiliated entities
0,00
0,00
0,00
0,00
0,00
0,00
43.589,70
54.820,95
0,00
0,00
43.589,70
54.820,95
Participations or shares in other entities
4.072.016,32
6.344.820,73
2.645.679,92
5.286.119,13
1.426.336,40
1.058.701,60
0,00
33.467,52
7.012.827,87
9.527.335,31
Participations or shares in associated entities
XI.
XII.
Other securities and financial assets
XIII.
Intangible and legal assets, including:
-goodwill
XIV.
Tangible fixed assets
0,00
0,00
79.652.395,89
84.128.160,48
42
No.
ASSETS
XV.
Other assets
Balance-sheet
31.12.2005
31.12.2004
19.616.148,59
14.395.692,19
5.700.665,68
4.079.868,17
2. Other
13.915.482,91
10.315.824,02
Pre-payments and accrued income
28.016.667,01
25.886.449,05
1. Deferred tax assets
24.438.341,13
22.325.464,16
3.578.325,88
3.560.984,89
8.724.545.946,18
7.696.896.661,16
1. Assets acquired for sale
XVI.
2006
2. Other
TOTAL ASSETS
43
No.
Balance-sheet
LIABILITIES
I.
Liabilities due to the Central Bank
II.
Liabilities due to the financial sector
IV.
31.12.2006
31.12.2005
191.200.000,00
701.435,76
6.615.021.942,60
6.036.218.106,77
442.443.091,19
361.561.883,86
2. Term
6.172.578.851,41
5.674.656.222,91
Liabilities due to the non-financial sector
1.103.471.335,17
927.250.653,79
1. Savings account:
556.266.468,89
516.037.508,30
a/ Current
321.114.573,79
67.617.993,69
1. Current
III.
2006
b/ Term
235.151.895,10
448.419.514,61
2. Other, including:
547.204.866,28
411.213.145,49
a/ Current
189.348.484,24
151.897.685,01
b/ Term
357.856.382,04
259.315.460,48
Liabilities due to the budgetary sector
70.103.304,57
52.170.618,19
a/ Current
41.100.442,28
33.376.984,80
b/ Term
29.002.862,29
18.793.633,39
V.
Securities sold under repurchase agreements
0,00
0,00
VI.
Liabilities due to securities issued
0,00
0,00
VII.
Other liabilities due to financial instruments
29.394,27
0,00
VIII.
Special funds and other liabilities
110.501.098,69
92.500.227,24
Accruals and deferred income
295.307.853,39
280.226.981,71
4.711.886,93
4.495.605,47
0,00
0,00
IX.
1. Accruals
2. Negative goodwill
290.595.966,46
275.731.376,24
Provisions
22.323.063,68
15.004.352,73
1. Provisions for deferred tax
11.313.512,62
6.410.318,58
2. Other
11.009.551,06
8.594.034,15
3. Other
X.
0,00
0,00
133.246.777,00
133.246.777,00
Unpaid share capital (negative value)
0,00
0,00
Own shares (negative value)
0,00
0,00
XI.
Subordinate liabilities
XII.
Share capital
XIII.
XIV.
XV.
Equity reserves
148.657.443,59
148.657.443,59
XVI.
Revaluation reserve
4.509.719,55
3.449.001,12
XVII.
Other reserves
7.471.063,26
0,00
1. General banking risk fund
2.500.000,00
0,00
2. Other
4.971.063,26
0,00
0,00
(21.915.868,72)
22.702.950,41
29.386.931,98
8.724.545.946,18
7.696.896.661,16
XVIII.
Profit (loss) from the preceding years
XIX.
Net profit (loss)
TOTAL LIABILITIES
44
No.
I.
2006
OFF-BALANCE-SHEET ITEMS
31.12.2006
31.12.2005
Contingent liabilities granted and received
639.765.466,10
463.997.481,18
1. Liabilities granted
580.831.885,33
416.739.282,31
521.707.598,72
396.133.617,17
59.124.286,61
20.605.665,14
58.933.580,77
47.258.198,87
2.873.400,00
8.481.262,91
56.060.180,77
38.776.935,96
64.416.107,80
26.107.234,66
0,00
0,00
704.181.573,90
490.104.715,84
a/ financial
b/ guarantees
2. Liabilities received
a/ financial
b/ guarantees
II.
Liabilities arising from purchase/sale transactions
III.
Other
TOTAL
45
No.
I.
2006
PROFIT AND LOSS ACCOUNT
31.12.2006
31.12.2005
Interest income
343.749.636,14
378.758.079,91
1. From financial sector
106.202.542,34
107.396.837,24
88.069.968,61
88.778.619,22
2. From non-financial sector
23.316.515,78
33.439.238,60
4. From fixed income securities
3. From budgetary sector
126.160.609,41
149.143.384,85
Interest expense
238.377.261,11
261.501.103,17
1. From financial sector
208.997.915,67
232.934.117,35
22.400.817,61
24.760.736,22
6.978.527,83
3.806.249,60
Net interest income
105.372.375,03
117.256.976,74
IV.
Commission income
79.533.304,77
68.989.113,88
V.
Commission expense
25.683.816,28
20.642.033,44
VI.
Net commission income
53.849.488,49
48.347.080,44
VII.
Income on shares,
1.276.634,51
1.289.084,37
1. From subsidiaries
0,00
0,00
2. From affiliated entities
0,00
0,00
II.
2. From non-financial sector
3. From budgetary sector
III.
other variable income securities
and financial instruments
0,00
0,00
4. From other entities
1.276.634,51
1,289.084,37
Profit on financial operations
4.872.506,42
3.534.736,76
1. Securities and other financial instruments
3.446.643,65
1.684.253,27
2. Other
1.425.862,77
1.850.483,49
15.659.716,83
14.820.729,43
181.030.721,28
185.248.607,74
3. From associates
VIII.
IX.
Foreign exchange result
X.
Profit on banking activities
XI.
Other operating income
20.095.951,43
20.651.516,29
XII.
Other operating expense
20.023.808,92
18.801.074,16
XIII.
Overhead costs
129.489.547,59
134.715.143,18
1. Payroll
62.827.600,28
65.441.911,90
2. Social security and others
13.417.944,37
13.788.275,20
3. Other
53.244.002,94
55.484.956,08
XIV.
Depreciation of tangible
13.968.651,88
13.624.662,44
XV.
Provisions created and revaluation
42.685.189,65
25.231.436,06
1. Write-offs on specific provisions for general banking risk
42.673.957,34
25.221.932,51
11.232,31
9.503,55
and intangible assets
2. Revaluation of financial assets
46
2006
47
Cash flow statement
CASH FLOW STATEMENT
A
Cash flow on operating activity
I.
Net profit (loss)
II.
Total adjustments:
1.
Depreciation
2.
Profits (losses) due to FX differences
2006
3.
Interest and participations in profits (dividends)
4.
Profit (loss) on investment activity
5.
Change in the provisions
6.
Change in the debt securities
7.
Change in receivables from the financial sector
8.
Change in receivables from the non-financial sector
For the year ending as at For the year ending as at
December 31st 2006
December 31st 2005
22.702.950,41
29.386.931,98
277.872.724,19
(102.091.673,09)
13.968.651,88
13.624.662,44
0,00
0,00
(4.909,16)
1.308.161,81
(158.202,08)
(59.654,82)
10.703.271,91
(77.322.788,70)
(486.599.864,89)
(1.408.382.530,00)
(33.045.939,33)
(458.072.687,73)
(400.912.239,51)
7.119.136,84
and from the budgetary sector
9.
Change in receivables due to sold securities under resale agreements
10.
Change in balance of participations or shares, other securities
0,00
0,00
2.909.979,79
1.760.931,46
and other financial (trading) assets
11.
Change in liabilities to the financial sector
950.961.132,05
1.611.325.071,77
12.
Change in liabilities to the non-financial and budgetary sector
194.153.367,76
159.696.459,87
13.
Change in liabilities due to sold securities under
0,00
0,00
repurchase agreements
14.
Change in liabilities due to securities
0,00
(125.776,60)
15.
Change in other liabilities
18.030.265,72
28.223.257,83
16.
Change in inter-period settlements
(1.892.096,68)
6.059.077,27
17.
Change in the future and contingent income
14.864.590,22
12.677.595,15
18.
Other adjustments
(5.105.283,49)
77.410,32
III.
Net cash flow from operating activity (I+/-II)
300.575.674,60
(72.704.741,11)
B.
Cash flow from investment activity
I.
Receipts
2.711.249,71
3.846.153,13
1.
Sale of participations or shares in subsidiaries
0,00
0,00
2.
Sale of participations or shares in affiliated entities
0,00
0,00
3.
Sale of participations or shares in associates
0,00
10.000,00
4.
Sale of participations or shares in other entities, sale of other
0,00
0,00
securities or other financial (investment) assets
5.
Sale of intangible and legal assets and tangible fixed assets
1.434.615,20
2.547.068,76
6.
Other investment income
1.276.634,51
1.289.084,37
48
2006
Cash flow statement
CASH FLOW STATEMENT
For the year ending as
For the year ending as
at December 31st 2006
8.358.734,63
at December 31st 2005
11.501.346,03
II.
Expenses
1.
Purchase of participations or shares in subsidiaries
0,00
0,00
2.
Purchase of participations or shares in affiliated entities
1,06
0,00
3.
Purchase of participations or shares in associates
0,00
0,00
4.
Purchase of participations or shares in other entities, purchase
0,00
0,00
8.358.733,57
11.501.346,03
0,00
0,00
(5.647.484,92)
(7.655.192,90)
of other securities or other financial (investment) assets
5.
Purchase of intangible and legal assets
6.
Other investment expenses
III.
Net cash flow from investment activity (I-II)
and tangible fixed assets
C.
Cash flow from financial activity
I.
Receipts
0,00
0,00
1.
Long-term loans taken from other banks
0,00
0,00
Long-term loans taken from financial institutions
0,00
0,00
2.
other than banks
3.
Issue of debt securities for other financial institutions
0,00
0,00
4.
Increase in subordinate liabilities
0,00
0,00
5.
Net income from issue of shares and capital contributions
0,00
0,00
6.
Other financial income
0,00
0,00
II.
Expenses
182.930.457,33
94.620.908,09
1.
Repayment of long-term loans to other banks
2.
Repayment of long-term loans to financial institutions
0,00
0,00
182.930.457,33
94.620.908,09
other than banks
3.
Repurchase of debt securities from other financial institutions
0,00
0,00
4.
Due to other financial commitments
0,00
0,00
5.
Payment of liabilities due to financial leasing contracts
0,00
0,00
6.
Reduction in the level of subordinate liabilities
0,00
0,00
7.
Dividends and other payments to owners
0,00
0,00
8.
Expenses due to allocation of profit other than payments to shareholders
0,00
0,00
9.
Purchase of own shares
0,00
0,00
10.
Other financial expenses
0,00
0,00
III.
Net cash flow from financial activity (I-II)
(182.930.457,33)
(94.620.908,09)
D.
Total net cash flow (A.III+/-B.III+/-C.III)
111.997.732,35
(174.980.842,10)
E.
Balance sheet change of cash funds, including:
111.997.732,35
(174.980.842,10)
-
-
F.
Cash funds at the beginning of period
181.929.358,02
356.910.200,12
G.
Cash funds at the end of period (F+/-D), including:
293.927.090,37
181.929.358,02
-
-
- balance sheet change of cash funds due to FX differences
- cash funds of limited ability of disposal
49
No.
I
31.12.2006
31.12.2005
292.824.284,97
267.407.991,60
0,00
(10.054.780,78)
Adjusted equity at the beginning of period (BO)
292.824.284,97
257.353.210,82
Base capital (fund) at the beginning of period
STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY
Equity of the beginning of period (BO)
- changes of accounting principles
I.a.
1.
1.1.
a)
b)
133.246.777,00
133.246.777,00
Changes in base capital (fund)
0,00
0,00
increase due to:
0,00
0,00
- issue of own shares
0,00
0,00
-
0,00
0,00
decrease due to:
0,00
0,00
- redemption of shares
0,00
0,00
0,00
0,00
133.246.777,00
133.246.777,00
Due payments on the account of base capital at the end of period
0,00
0,00
1.2.
2.
2.1.
a)
2006
Base capital (fund) at the end of period
Change in due payments on the account of base capital
0,00
0,00
increase due to:
0,00
0,00
-
0,00
0,00
decrease due to:
0,00
0,00
-
0,00
0,00
Due payments on the account of base capital at the end of period
0,00
0,00
3.
Own shares at the beginning of period
0,00
0,00
a)
increase
0,00
0,00
-
0,00
0,00
b)
decrease
0,00
0,00
-sale of shares
0,00
0,00
3.1
Own shares at the end of period
0,00
0,00
4.
Equity reserves (fund) at the beginning of period
148.657.443,59
148.653.242,88
4.1
Change in equity reserves
0,00
4.200,71
increase due to:
0,00
4.200,71
- issue of shares above the nominal value
0,00
0,00
- allocation of profit (statutory)
0,00
0,00
b)
2.2.
a)
b)
4.2.
5.
- surplus of fair value over the purchase price
0,00
0,00
- fixed assets sold or liquidated
0,00
4.200,71
decrease due to:
0,00
0,00
- coverage of loss
0,00
0,00
-
0,00
0,00
148.657.443,59
148.657.443,59
3.449.001,12
(2.630.940,34)
Equity reserves (fund) at the end of period
Revaluation reserve (fund) at the beginning of period
- change of accounting policy’s principles
Adjusted revaluation reserve (fund) at the beginning
0,00
0,00
3.449.001,12
(2.630.940,34)
of period
5.1
Changes of revaluation reserve (fund)
1.060.718,43
6.079.941,46
a)
increase due to:
1.060.718,43
6.084.142,17
-evaluation of financial assets available for sale
1.060.718,43
6.084.142,17
-
0,00
0,00
decrease due to:
0,00
4.200,71
- fixed assets sold or liquidated
0,00
4.200,71
b)
50
2006
51
2006
52
2006
Affiliated cooperative banks against sector background
Balance-sheet
Equity
53
2006
COOPERATIVE BANKS’ FINANCIAL STATEMENTS Affiliated cooperative banks against sector background
The cooperative banking sector comprised 584
end of December 2006, totalled 351 cooperative banks.
cooperative banks, of which one independent, cooperating with
Thereinafter, BPS Affiliation constituted in excess of 60% of the
Bank BPS, and the remaining 583 affiliated with three affiliating
cooperative banking sector.
banks, as at the end of 2006. Within 2006, the number of banks
The table below presents the basic data on the position of affiliated
affiliated with Bank Polskiej Spółdzielczości S.A. decreased by three
cooperative banks against cooperative banking sector as at
banks, which merged with entities stronger in capital, and as at the
December 31st 2006.
Share of BPS Affiliation in the cooperative banking sector
31.12.2005 r.
BPS Affiliation and cooperating bank
39,8%
Other affiliations
60,2%
Basic data on the position of affiliated cooperative banks
against cooperative banking sector as at December 31st 2006.
SECTOR
Affiliated cooperative
PLN ‘000
banks PLN ‘000
42 118 693
23 131 192
54,92
3 728 061
2 131 496
57,17
24 649 987
12 924 480
52,43
35 983 010
19 716 445
54,79
Interest income
2 479 236
1 380 716
55,69
Banking operating costs
1 742 283
983 568
56,45
Operating result
2 580 808
1 452 945
56,30
633 992
350 800
55,33
509 386
283 623
55,68
as at December 31st 2006
Balance-sheet
Equity
Receivables due from customers, governmental
Share in the sector
%
and self-governmental institutions
Liabilities due to customers, governmental
Pre-tax profit
Net profit
54
2006
Balance-sheet
Throughout the previous four years (2003-2006), the
Balance-sheet total is defined by the value of deposits
scale of activities measured by balance-sheet was on an upturn. It
raised. In the course of the years 2003-2006, dynamics of these
was recorded a growth of balance-sheet dynamics, which
figures is similar. In 2006, liabilities due to non-financial sector
amounted to 9,5%, 11,5%, 17,9% and 22,09% in the consecutive
increased at faster pace than the balance-sheet total by 1,08 p.p.,
years
123,17% versus 122,09%, respectively.
Balance-sheet total (PLN m)
No.
14 408
16 070
2003
2004
18 945
2005
Total deposits and other liabilities (PLN m)
23 131
2006
12 286
13 594
16 148
2003
2004
2005
Liabilities of affiliated cooperative banks as at the end of 2005 and 2006
19 874
2006
12.2005 (PLN ‘000)
12.2006 (PLN ‘000)
1.
Operations with the Central Bank
32
38
2.
140 766
157 099
14 202 854
17 790 323
1 804 682
1 925 994
3.
Liabilities due to non-financial sector
4.
Liabilities due to governmental and self-governmental institutions
5.
0
0
6.
Own securities
0
0
546 947
722 333
883
911
42 557
47 410
1 912 383
2 209 179
-221
186
294 237
283 470
18 945 120
23 136 943
7.
Other liabilities
8.
Aim reserves for off-balance liabilities
9.
Reserve for general banking risk
10.
Capital (fund), subordinate liabilities and reserve for risk and expenses
not connected with the bank’s operating activity
11.
Result (profit/loss) under confirmation process
12.
Result (profit/loss) of the operating year
13.
TOTAL LIABILITIES
According to REBIS reports as at May 11th 2007.
55
2006
Balance-sheet
Structure of affiliated cooperative banks' liabilities as at 31.12.2006
Profit/loss in the confirmation process
0,00%
Profit/loss of the operating year
1,23%
Subordinated liabilities and risk reserve
9,57%
0,68%
Reserve for general banking risk
0,20%
Aim reserve for
off-balance liabilities
0,00%
Other liabilities
3,08%
Liabilities due to securities sold
under repurchase agreement
0,00%
Liabilities due to governmental
8,33%
Liabilities due to nonfinancial sector
76,91%
In 2006, liabilities due to non-financial sector,
governmental and non-governmental institutions grew by 22,51%.
There was observed a further improvement of credit
portfolio quality that was initiated in 2004. It could have been
managed thanks to a better redemption of credit contracts by
customers and a more effective debt collection. The share of nonperforming receivables in gross receivables of affiliated cooperative
banks equalled 3,99%, down by 1,18 p.p. than the 2005 figure.
Total net credits and other receivables (PLN m)
11 656
13 625
2003
2004
15 929
2005
19 137
2006
56
2006
Balance-sheet
No. Assets of affiliated cooperative banks as at the end of 2005 and 2006
1.
Cash and operations with the Central Bank
2.
Receivables from the financial sector
3.
Receivables from the non-financial sector
4.
Receivables from the governmental and self-governmental institutions
5.
6.
12.2005 (PLN ‘000) 12.2006 (PLN ‘000)
428 978
482 057
5 724 326
6 642 000
10 020 781
11 957 467
580 770
973 245
10 097
0
Securities
1 529 509
2 385 272
7.
Fixed assets
1 438 328
1 550 303
8.
Other assets
108 312
133 305
9.
TOTAL ASSETS
19 841 101
24 123 649
Structure of affiliated cooperative banks' assets as at 31.12.2006
Other assets
Securities
10,00%
Receivables due from
purchased securities
0,00%
governmental and selfgovernmental institutions
4,00%
Tangible fixed assets
4,00%
1,00%
Cash and amounts due
from the Central Bank
2,00%
financial sector
29,00%
Receivables due from nonfinancial sector
50,00%
57
Net financial result recorded by affiliated cooperative
An average financial result falling per 1 affiliated
cooperative bank amounted to PLN 808.000.
result was affected mainly by decreasing interest margins, relatively
low fees and commissions, as well as by growing competition on
for new information technologies.
banks dropped by 4,36% comparing with the preceding year,
reaching the value of PLN 283.623.000. A downturn of financial
2006
The highest net profit recorded by an affiliated cooperative
bank totalls PLN 6.246.000, as at December 31st 2006.
the banking market. It was also influenced by intensified expenditure
Pre-tax financial result (PLN '000)
344 876
356 337
350 800
2004
2005
2006
238 417
2003
Profit and loss account of affiliated cooperative banks as at the end of 2005 and 2006
No.
1. Interest revenue
12.2005 (PLN ‘000)
12.2006 (PLN ‘000)
1 396 410
1 381 559
2. Interest expenses
398 075
373 325
3. Interest result
998 335
1 008 234
4. Commission revenue
417 037
449 290
27 548
26 853
389 489
422 437
190
132
12 424
12 230
5. Commission expenses
6. Commission result
7. Revenue on shares, other variable revenue securities
and financial instruments
8. Financial operations result
9. Foreign exchange result
7 559
9 552
10. Banking activities result
1 407 997
1 452 585
11. Other operating revenue
37 828
48 778
12. Other operating expenses
32 662
33 825
0
0
938 216
984 544
76 104
83 225
13. Fair value accounting result
14. Overhead costs
15. Depreciation of tangible and intangible assets
16. Write-offs on provisions and revaluation of assets
221 018
227 162
17. Release of provisions and revaluation of assets
181 375
176 262
39 643
50 900
359 200
348 869
18. Net provisions and revaluation
19. Operating profit
20. Extraordinary gains (losses)
21. Gross profit (loss)
22. Income tax
23. Other obligatory charges to profit (loss)
24. Net profit (loss)
-31
19
359 169
348 888
65 191
65 683
-259
-241
294 237
283 446
58
As at December 31st 2006, equity of affiliated
cooperative banks reached the value of PLN 2.131.496.000
(average per 1 bank – PLN 6.073.000). Equity of particular banks
falls into the range of PLN 1.983.000 – 45.147.000. In relation to the
2006
Equity
end of 2005, equity of affiliated cooperative banks rose by 16,81%,
and versus 2002 up by 83,39%.
The value of equity is compliant with the law requirements
as at the end of 2006.
Capital adequacy ratio
Equity (PLN ‘000)
1 378 759
1 562 839
2003
2004
1 824 806
2005
2 131 496
2006
At the end of 2006, capital adequacy ratio for affiliated
14,94%
14,95%
2003
2004
requirements
through
15,73%
15,26%
2005
2006
implementation
of
operational
risk
cooperative banks stood at 15,26%, what allows to expect that
requirement, will not result in a decline of capital adequacy ratio
applying New Capital Accord’s principles increasing capital
below the value required by law.
59
2006
LIST OF CONTACTS
Outlets of Bank BPS
60
LIST OF CONTACTS
2006
Outlets of Bank BPS
HEADQUARTERS:
BANK HEADQUARTERS
01-231 Warszawa, ul. Płocka 9/11 B
phone: 0-22 53-95-100
Branch in Baboszewo
09-130 Baboszewo, ul. Odrodzenia 2A
phone: 0-23 661-10-38, 661-19-16
Branch Agency in Konopki
06-560 Konopki, ul. Kredytowa 6
phone: 0-23 653-20-28, 653-20-08
OUTLETS:
Regional Branch in Olsztyn
10-578 Olsztyn, Aleja Marszałka Józefa Piłsudskiego 32
phone: 0-89 534-06-71
Branch Agency in Olsztyn
10-691 Olsztyn, ul. Władysława Gębika 2a
phone: 0-89 541-22-38, 541-93-81
Branch in Białystok
16-010 Wasilków, ul. Białostocka 20
phone: 0-85 718-63-08, 718-63-09
Branch Agency No. 1 in Białystok
15-427 Białystok, ul. Lipowa 24
phone: 0-85 744-53-60
Branch Agency No. 3 in Białystok
15-419 Białystok, ul. Świętego Mikołaja 1
phone: 0-85 653-73-11
Branch in Ełk
19-300 Ełk, ul. Armii Krajowej 6
phone: 0-87 610-33-60, 610-33-41
Branch in Kętrzyn
11-400 Kętrzyn, ul. Gen. Władysława Sikorskiego 48
phone: 0-89 751-00-80, 751-00-82
Branch Agency in Mrągowo
11-700 Mrągowo, Pl. M. Kajki 10/1
phone: 0-89 741-79-50, 741-08-50
Branch in Łomża
18-400 Łomża, ul. Szosa Zambrowska 29a
phone: 0-86 473-70-70
I Branch in Suwałki
16-400 Suwałki, ul. Teofila Noniewicza 48
phone: 0-87 565-11-23
Regional Branch in Warszawa
01-231 Warszawa, ul. Płocka 9/11 B
phone: 0-22 539-55-00
Branch Agency in Płońsk
09-100 Płońsk, ul. Henryka Sienkiewicza 11
phone: 0-23 661-38-60
Branch in Bydgoszcz
85-171 Bydgoszcz, ul. Wojska Polskiego 19b
phone: 0-52 361-42-55, 372-68-48
Branch in Łódź
90-436 Łódź, Al. Kościuszki 71
phone: 0-42 636-19-22
Branch Agency No. 1 in Kutno
99-300 Kutno, Plac Wolności 14
phone: 0-24 254-00-51
Branch Agency No. 2 in Łódź
91-765 Łódź, ul. Górnicza 18/36
phone: 0-42 656-85-10, 656-85-22
Branch in Ostrołęka
07-410 Ostrołęka, ul. Władysława Reymonta 11
phone: 0-29 764-89-55, 764-89-48
Branch in Warszawa
00-057 Warszawa, Plac Jana H. Dąbrowskiego 3
phone: 0-22 551-27-00
Branch Agency No. 1 in Warszawa
02-495 Warszawa, ul. Dzieci Warszawy 29 lok 2
phone: 0-22 303-60-17, 303-60-18
Branch Agency No. 3 in Warszawa
00-930 Warszawa, ul. Wspólna 30
phone: 0-22 745-11-20
Branch in Sieradz
98-200 Sieradz, Rynek 1
phone: 0-43 827-18-20, 827-43-06
Point of Banking Services in Poddębice
99-200 Poddębice, ul. Łódzka 33
phone: 0-43 678-37-00
61
LIST OF CONTACTS
2006
Outlets of Bank BPS
Branch Agency in Konopnica
98-313 Konopnica, ul. Parkowa 16
phone: 0-43 842-44-46
Branch in Chełm
22-100 Chełm, ul. Jedność 45 A
phone: 0-82 564-96-30
Branch Agency in Zduńska Wola
98-220 Zduńska Wola, Pl. Wolności 20
phone: 0-43 824-96-20
I Branch in Siedlce
08-110 Siedlce, ul. Szaloma Asza 4
phone: 0-25 644-05-80
Point of Banking Services in Zduńska Wola
98-220 Zduńska Wola, ul. Przemysłowa 31
phone: 0-43 825-30-42
Branch in Zamość
22-400 Zamość, ul. Sadowa 6
phone: 0-84 638-83-00
Branch Agency in Walichnowy
98-420 Sokolniki, Prusak 23
phone: 0-62 784-50-23
Branch Agency in Hrubieszów
22-500 Hrubieszów, ul. mjr Henryka Dobrzańskiego Hubala 9
phone: 0-84 696-54-89
Branch Agency in Gruszczyce
98-235 Błaszki, Gruszczyce 21
phone: 0-43 829-00-14
Regional Branch in Rzeszów
35- 025 Rzeszów, ul. Zygmuntowska 14
phone: 0-17 864-19-34, 864-19-35
Regional Branch in Lublin
20-027 Lublin, ul. Mieczysława Karłowicza 4
phone: 0-81 531-95-05
Point of Banking Services in Rzeszów
35-025 Rzeszów, ul. Płk. Leopolda Lisa - Kuli 19
phone: 0-17 864-12-40
Branch Agency in Wólka Lubelska
20-230 Lublin, ul. Turystyczna 134
phone: 0-81 751-08-29
Branch in Rzeszów
35-222 Rzeszów, al. Gen. Leopolda Okulickiego13b
phone: 0-17 863-33-64
Branch Agency in Konopnica
21-030 Motycz, Kozubszczyzna 79
phone: 0-81 503-20-35
Point of Banking Services in Rzeszów
35-509 Rzeszów, ul. Obrońców Poczty Gdańskiej 14
phone: 0-17 863-49-44
Branch Agency No. 1 in Lublin
20-340 Lublin, ul. Garbarska 20 lok. 207
phone: 0-81 745-42-07
Branch in Przemyśl
37-700 Przemyśl, ul. Adama Mickiewicza 28
phone: 0-16 675-17-30
Branch Agency No. 2 in Lublin
20-411 Lublin, ul. Wolska 8 A
phone: 0-81 534-85-91
Branch Agency in Fredropol
37-734 Fredropol, Fredropol 15/2
phone: 0-16 671-98-91
Branch Agency in Ułęż
08-504 Ułęż 168
phone: 0-81 866-79-04
Branch in Stalowa Wola
37-450 Stalowa Wola, Aleje Jana Pawła II 18 B
phone: 0-15 844-40-42
Branch Agency in Nowodwór
08-503 Nowodwór 71A
phone: 0-81 866-14-12
Point of Banking Services in Stalowa Wola
37-450 Stalowa Wola, ul. Przemysłowa 30
phone: 0-15 844-51-45
I Branch in Biała Podlaska
21-500 Biała Podlaska, ul. Janowska 28
phone: 0-83 342-63-50
Branch in Tarnobrzeg
39-400 Tarnobrzeg, ul. Szeroka 24
phone: 0-15 822-98-20
62
LIST OF CONTACTS
2006
Outlets of Bank BPS
Regional Branch in Kraków
31-059 Kraków, ul. Bożego Ciała 23
phone: 0-12 618-17-00, 618-17-30
Branch Agency in Strzelce Opolskie
47-100 Strzelce Opolskie, ul. Wałowa 5
phone: 0-77 461-25-01, 461-42-10
I Branch in Kraków
31-516 Kraków, ul. Mogilska 1
phone: 0-12 429-43-80
I Branch in Wrocław
50-348 Wrocław, ul. Henryka Sienkiewicza 77
phone: 0-71 322-30-21
Branch in Kielce
25-502 Kielce, ul. Planty 8
phone: 0-41 344-94-40
Branch Agency No. 2 in Wrocław
54-512 Wrocław, ul. Strachowicka 42a
phone: 0-71 357-34-70
Branch in Nowym Sączu
33-300 Nowy Sącz, Aleja Wolności 19
phone: 0-18 447-78-80, 447-78-44
II Branch in Wrocław
50-102 Wrocław, Rynek 34
phone: 0-71 343-84-11
Branch Agency in Nowy Sącz
33-300 Nowy Sącz, ul. Jagiellońska 36
phone: 0-18 443-88-74, 443-44-10
Branch in Legnica
59-220 Legnica, ul. Jaworzyńska 12
phone: 0-76 862-26-86, 862-68-20
Branch in Tarnów
33-100 Tarnów, ul. Krakowska 12
phone: 0-14 627-61-20
Branch in Ząbkowice Śląskie
57-200 Ząbkowice Śląskie, Rynek 7
phone: 0-74 815-33-12, 815-69-59
Branch Agency in Tarnów
33-100 Tarnów, ul. Krakowska 19
phone: 0-14 628-62-70
Branch in Zgorzelec
59-900 Zgorzelec, ul. Wolności 4
phone: 0-75 775-61-01, 775-22-67
Regional Branch in Wrocław
50-449 Wrocław, ul. Zygmunta Krasińskiego 27
phone: 0-71 32-30-400, 32-30-505
Point of Banking Services in Zgorzelec
ul. Poniatowskiego 19/7 59-900 Zgorzelec
phone: 0-75 649-28-40
Branch Agency No. 1 in Wrocław
50-077 Wrocław, ul. Kazimierza Wielkiego 15
phone: 0-71 348-86-56, 348-86-61
Branch Agency in Lubań
59-800 Lubań, Rynek - Sukiennice Nr 20
phone: 0-75 72-15-557, 72-14-908
Branch in Opole
45-325 Opole, ul. Światowida 2
phone: 0-77 457-73-45, 455-95-80
Point of Banking Services in Lubań
59-800 Lubań, ul. Dąbrowskiego 18
phone: 0-75 721-66-05
Point of Banking Services in Opole
45-401 Opole, Aleja Wincentego Witosa 26
phone: 0-77 443-11-28
Branch Agency in Olsztyn
59-830 Olszyna, ul. Legnicka 20
phone: 0-75 721-25-38, 721-28-32
Branch Agency No. 3 in Opole
45-072 Opole, ul. Władysława Reymonta 30
phone: 0-77 454-56-25
Branch in Zielona Góra
65-058 Zielona Góra, ul. Kupiecka 32b
phone: 0-68 324-56-01
Branch Agency No. 1 in Opole
45-011 Opole, ul. Bronisława Koraszewskiego 1
phone: 0-77 453-13-46, 453-13-47
Branch Agency in Świebodzin
66-200 Świebodzin, ul. Piłsudskiego 20
phone: 0-68 38-23-957, 38-23-967
63
LIST OF CONTACTS
2006
Outlets of Bank BPS
Voivodeship Branch in Katowice
40-514 Katowice, ul. Ceglana 4
phone: 0-32 201-79-00, 201-79-01
Branch in Częstochowa
42-200 Częstochowa, ul. Waszyngtona 32
phone: 0-34 360-61-59, 360-56-49
Long-distance Division of Voivodeship Branch
in Katowice
41-200 Sosnowiec, ul. Swobodna 10
phone: 0-32 368-77-40, 368-77-50
Branch Agency in Poraj
42-360 Poraj, ul. Armii Krajowej 16
phone: 0-34 314-70-07, 314-55-63
Branch Agency in Poręba
42-480 Poręba, ul. Chopina 2/3
phone: 0-32 677-21-71, 677-12-39
Branch Agency in Częstochowa
42-200 Częstochowa, ul. Jagiellońska 1
phone: 0-34 366-11-60, 366-11-61
Branch in Bielsko-Biała
43-300 Bielsko-Biała, ul. Stefanii Sempołowskiej 21
phone: 0-33 819-05-05, 819-05-10
64
LIST OF CONTACTS
2006
Bank Spółdzielczy in Adamów
Bank Spółdzielczy in Bartoszyce
21-412 Adamów, ul. Kleeberga 1
11-200 Bartoszyce, ul. Warszawska 1
phone: 0-25 755-31-14, 755-31-72
phone: 0-89 762-92-10, 762-92-11
President: Jerzy Kopyść
President: Jan Lewandowski
Bank Spółdzielczy in Aleksandrów Łódzki
Bank Spółdzielczy in Będzin
95-070 Aleksandrów Łódzki, ul. Ogrodowa 14
42-500 Będzin, ul. Modrzejewska 73
phone: 0-42 712-11-12, 712-21-12
phone: 0-32 267-20-25, 267-39-05
President: Anna Ruszkowska
President: Ryszard Olszewski
Bank Spółdzielczy in Andrespol
Bank Spółdzielczy in Biała
95-020 Andrespol, ul. Rokicińska 130a
48-210 Biała, ul. Prudnicka 29 a
phone: 0-42 213-20-43
phone: 0-77 438-85-20, 438-85-10
President: Włodzimierz Szewc
President: Franciszek Gąsior
Bank Spółdzielczy in Andrychów
Bank Spółdzielczy in Biała Podlaska
34-120 Andrychów, ul. Krakowska 112
21-500 Biała Podlaska, ul. Moniuszki 10
phone: 0-33 875-29-55, 875-35-77
phone: 0-83 344-71-00, 343-29-22
President: Antoni Zadora
President: Helena Wasilewska
Bank Spółdzielczy in Augustów
Bank Spółdzielczy in Biała Rawska
16-300 Augustów, ul. 3 Maja 13
96-230 Biała Rawska, ul. Jana Pawła II 38
phone: 0-87 643-66-15, 643-25-41
phone: 0-46 813-14-30, 813-14-33
President: Zygmunt Rułkowski
President: Witold Morawski
Bank Spółdzielczy in Baborów
Bank Spółdzielczy in Białopole
48-120 Baborów, ul. Moniuszki 1
22-138 Białopole, ul. Hrubieszowska 4
phone: 0-77 486-90-44, 486-98-80
phone: 0-82 568-22-27
President: Teresa Demianowska
President: Wacław Nafalski
Bank Spółdzielczy in Barcin
Bank Spółdzielczy in Biecz
88-190 Barcin, ul. Kościelna 6
38-250 Biecz, Rynek 15
phone: 0-52 383-27-10
phone: 0-13 447-12-81, 447-10-22
President: Małgorzata Dziadek
President: Ryszard Szetela
Bank Spółdzielczy in Bargłów Kościelny
Bank Spółdzielczy in Bielsko Biała
16-320 Bargłów Kościelny, ul. Tysiąclecia 6a
43-346 Bielsko Biała, ul. Komorowicka 272
phone: 0-87 642-40-21, 642-40-82
phone: 0-33 815-89-76, 815-79-34
President: Barbara Śpiczko
President: Ewa Reczek
65
LIST OF CONTACTS
2006
Bank Spółdzielczy in Bielsk Podlaski
Bank Spółdzielczy in Brzeźnica
17-100 Bielsk Podlaski, ul. 3 Maja 14
34-114 Brzeźnica, Brzeźnica 36
phone: 0-85 730-05-55, 730-07-77
phone: 0-33 879-20-04, 879-23-11
President: Leon Radziwoniuk
President: Irena Torba
Bank Spółdzielczy in Biłgoraj
Bank Spółdzielczy in Bukowina Tatrzańska
22-400 Biłgoraj, ul. Pocztowa 3
34-530 Bukowina Tatrzańska, ul. Kościuszki 56
phone: 0-84 688-02-27, 688-02-09
phone: 0-18 200-12-30
President: Henryk Wereski
President: Edward Tybor
Bank Spółdzielczy in Biszcza
Bank Spółdzielczy in Busko Zdrój
23-425 Biszcza
28-100 Busko Zdrój, ul. Stefana Batorego 1A
phone: 0-84 685-60-04, 685-60-12
phone: 0-41 378-26-59, 378-36-27
President: Janina Bazan
President: Anna Karwat
Bank Spółdzielczy in Błażowa
Bank Spółdzielczy in Bydgoszcz
36-030 Błażowa, ul. Bankowa 2
85-080 Bydgoszcz, ul. Kołłątaja 8
phone: 0-17 229-70-17
phone: 0-52 322-25-40, 322-15-71
President: Stanisław Bialic
President: Eugenia Szala
Bank Spółdzielczy in Branice
Bank Spółdzielczy in Bystra
48-140 Branice, ul. M.C.Skłodowskiej 8a
43-360 Bystra, ul. Zdrojowa 3
phone: 0-77 486-83-24
phone: 0-33 817-13-71, 817-12-45
President: Józef, Marian Kawecki
President: Alicja Jankowska
Bank Spółdzielczy in Brodnica
Bank Spółdzielczy in Bytom
87-300 Brodnica, ul. Kamionka 27
41-902 Bytom, ul. Krawiecka 4
phone: 0-56 493-00-11, 493-01-84
phone: 0-32 281-55-58, 281-17-21
President: Józef Mitura
President: Wojciech Lewanda
Bank Spółdzielczy in Brzeg
Bank Spółdzielczy in Chełm
49-300 Brzeg, ul. Chrobrego 11
22-100 Chełm, I Pułku Szwoleżerów 9
phone: 0-77 404-56-54, 404-56-55
phone: 0-82 565-58-64, 565-47-93
President: Antoni Bender
President: Jerzy Dobosz
Bank Spółdzielczy in Brzesk
Bank Spółdzielczy in Chłopice
32-800 Brzesko, ul. Kościuszki 3
37-561 Chłopice, Chłopice 192
phone: 0-14 686-20-10, 686-20-11
phone: 0-16 622-20-03
President: Lech Pikuła
President: Wanda Kość
66
LIST OF CONTACTS
2006
Bank Spółdzielczy in Chmielnik
Bank Spółdzielczy in Czarny Dunajec
26-020 Chmielnik, ul. 1 Maja 27
34-470 Czarny Dunajec, Rynek 19
phone: 0-41 354-22-67
phone: 0-18 265-71-96
President: Marta Smerdel
President: Kazimierz Jarończyk
Bank Spółdzielczy in Chojnice
Bank Spółdzielczy Czechowice-Dziedzice-Bestwina
89-600 Chojnice, ul. Kościuszki 23
43-502 Czechowice-Dziedzice, ul. Słowackiego 14
phone: 0-52 396-52-60
phone: 0-32 214-44-00, 214-44-06
President: Ryszarda Piekarska
President: Eugeniusz Niemczyk
Bank Spółdzielczy in Chojnów
Bank Spółdzielczy Daleszyce Górno in Daleszyce
59-225 Chojnów, Rynek 18/19
26-021 Daleszyce, Pl.Staszica 32
phone: 0-76 818-85-76, 818-89-51
phone: 0-41 307-20-18 307-20-46
President: Bogusława Mrozik
President: Barbara Sodel
Bank Spółdzielczy in Chorzele
Bank Spółdzielczy in Dąbrowa Tarnowska
06-330 Chorzele, ul. Żabia 1
33-200 Dąbrowa Tarnowska, ul. Jagiellońska 1a
phone: 0-29 751-50-19, 751-50-99
phone: 0-14 642-21-78, 642-23-65
President: Kazimierz Orłowski
President: Salomea Kozioł
Bank Spółdzielczy in Chrzanów
Bank Spółdzielczy in Dębica
32-500 Chrzanów, Aleja Henryka 22
39-200 Dębica, ul. Rzeszowska 14
phone: 0-32 624-09-99
phone: 0-14 670-21-37, 670-32-50
President: Zdzisław Wołos
President: Antoni Rydzy
Bank Spółdzielczy in Ciechanowiec
Bank Spółdzielczy in Dobczyce
18-230 Ciechanowiec, Pl. 3 Maja 3
32-410 Dobczyce, ul. Kilińskiego 2
phone: 0-86 277-10-44, 277-10-69
phone: 0-12 271-10-02, 271-25-52
President: Helena Dołęgowska
President: Izabela Karp
Bank Spółdzielczy in Cieszyn
Bank Spółdzielczy in Dobre
43-400 Cieszyn, ul. Kochanowskiego 4
05-307 Dobre, ul. Kościuszki 31
phone: 0-33 851-28-20
phone: 0-25 757-11-71
President: Alina Rakowska
President: Józef Gocłowski
Bank Spółdzielczy in Cyców
Bank Spółdzielczy in Dobrzeń Wielki
21-070 Cyców, ul. Chełmska 14
46-081 Dobrzeń Wielki, ul. Opolska 3
phone: 0-82 567-70-08, 567-70-72
phone: 0-77 469-65-43, 469-65-44
President: Jadwiga Mazurkiewicz
President: Halina Stanisławiszyn
67
LIST OF CONTACTS
2006
Bank Spółdzielczy in Dołhobyczów
Bank Spółdzielczy in Głogów Małopolski
22-540 Dołhobyczów, ul. Partyzantów 3
36-060 Głogów Małopolski, Rynek 23
phone: 0-84 653-23-40, 653-24-02
phone: 0-17 851-79-94, 851-72-13
President: Krystyna Sydorowicz
President: Stanisław Pado
Bank Spółdzielczy in Dynów
Bank Spółdzielczy in Głogówek
36-065 Dynów, ul. Mickiewicza 3
48-250 Głogówek, Rynek 20 a
phone: 0-16 652-20-13, 652-20-70
phone: 0-77 437-32-22, 437-40-00
President: Stanisław Baran
President: Sybilla Strzała
Bank Spółdzielczy in Ełk
Bank Spółdzielczy in Głubczyce
19-300 Ełk, ul. Mickiewicza 15
48-100 Głubczyce, Plac 1-go Maja 1
phone: 0-87 621-53-49, 621-53-52
phone: 0-77 485-22-49
President: Witold Kolenda
President: Idzi Dziaduch
Bank Spółdzielczy in Frampol
Bank Spółdzielczy in Głuchołazy
23-440 Frampol, Rynek 16
48-340 Głuchołazy, ul. Prymasa Stefana Wyszyńskiego 12
phone: 0-84 685-75-83
phone: 0-77 439-51-40
President: Irena Batorska
President: Władysław Pyclik
Bank Spółdzielczy in Garwolin
Bank Spółdzielczy in Gogolin
08-400 Garwolin, ul. Kościuszki 24
47-320 Gogolin, ul. Strzelecka 13
phone: 0-25 682-27-97, 682-20-20
phone: 0-77 466-64-04, 466-63-87
President: Roman Odalski
President: Bożena Dąbrowska
Bank Spółdzielczy in Gilowice
Bank Spółdzielczy in Gorlice
34-322 Gilowice, Gilowice 792
38-300 Gorlice, ul. Stróżowska 1
phone: 0-33 865-30-17, 865-30-18
phone: 0-18 353-54-01, 353-67-46
President: Aurelia Mrózek
President: Maria Zielińska
Bank Spółdzielczy in Gliwice
Bank Spółdzielczy in Gorzyce
44-100 Gliwice, ul. Dworcowa 41
44-350 Gorzyce, ul. Kościelna 21 a
phone: 0-32 302-01-00
phone: 0-32 451-12-14, 451-12-18
President: Krzysztof Kochański
President: Mirosław Grabiec
Bank Spółdzielczy in Głogów
Bank Spółdzielczy in Gostynin
67-210 Głogów, ul. Sikorskiego 15
09-500 Gostynin, Plac Wolności 4/5
phone: 0-76 835-74-14
phone: 0-24 235-30-51, 235-30-52
President: Zofia Jaworska
President: Mirosław Banach
68
LIST OF CONTACTS
2006
Bank Spółdzielczy in Grębów
Bank Spółdzielczy in Jabłonka
39-410 Grębów, ul. Szlachecka 387
34-480 Jabłonka, ul. Krakowska 3
phone: 0-15 811-27-26, 811-32-33
phone: 0-18 265-23-01
President: Janina Kopała
President: Józef Szperlak
Bank Spółdzielczy Grodków-Łosiów in Grodków
Bank Spółdzielczy in Jarosław
49-200 Grodków, ul. Kasztanowa 18
37-500 Jarosław, ul. Słowackiego 7
phone: 0-77 415-57-98, 415-50-90
phone: 0-16 624-20-31 624-21-11
President: Franciszek Smolinski
President: Zbigniew Baryła
Bank Spółdzielczy in Grodzisk Mazowiecki
Bank Spółdzielczy in Jasienica
05-825 Grodzisk Mazowiecki, ul. Kilińskiego 25
43-385 Jasienica, ul. Strumieńska 894a
phone: 0-22 734-60-00, 734-60-04
phone: 0-33 815-22-21, 815-20-10
President: Jan Klimkiewicz
President: Jolanta Polak
Bank Spółdzielczy in Grybów
Bank Spółdzielczy in Jasieniec
33-330 Grybów, Rynek 13
05-604 Jasieniec, ul. Mogielnicka 33
phone: 0-18 445-02-52, 445-02-84
phone: 0-48 661-35-66
President: Antoni Fyda
President: Elżbieta Wnuk
Bank Spółdzielczy in Iława
Bank Spółdzielczy in Jasionka
14-200 Iława, ul. Jana III Sobieskiego 49
36-002 Jasionka, Jasionka 71a
phone: 0-89 648-28-82, 648-36-37
phone: 0-17 772-30-12, 772-30-10
President: Urszula Witkowska
President: Bronisław Ciasnocha
Bank Spółdzielczy in Iłowa
Bank Spółdzielczy in Jastrzębie Zdrój
68-120 Iłowa, ul. Kolejowa 4
44-330 Jastrzębie Zdrój, ul. 1 Maja 10
phone: 0-68 360-03-45
phone: 0-32 476-13-21, 476-23-57
President: Jan Feduszczak
President: Ryszard Leszczyński
Bank Spółdzielczy in Iłża
Bank Spółdzielczy in Jawor
27-100 Iłża, Rynek 1
59-400 Jawor, ul. Wrocławska 2
phone: 0-48 616-30-10, 616-28-83
phone: 0-76 870-28-34
President: Władysław Postuła
President: Czesław Pakla
Bank Spółdzielczy in Izbica
Bank Spółdzielczy in Jaworzno
22-475 Izbica, ul. Gminna 2
43-600 Jaworzno, ul. Stojałowskiego 10
phone: 0-84 618-30-13
phone: 0-32 616-34-94, 616-34-95
President: Urszula Repeć
President: Teresa Radomska
69
LIST OF CONTACTS
2006
Bank Spółdzielczy in Jedwabne
Bank Spółdzielczy in Kałuszyn
18-420 Jedwabne, ul. Wojska Polskiego 1
05-310 Kałuszyn, ul. Warszawska 37
phone: 0-86 217-20-23, 217-21-21
phone: 0-25 757-65-91
President: Marian Chrzanowski
President: Henryk Ducki
Bank Spółdzielczy in Jeleśnia
Bank Spółdzielczy in Kamień
34-340 Jeleśnia, ul. Żywiecka 8
36-053 Kamień, Kamień 297
phone: 0-33 863-60-25, 863-60-20
phone: 0-17 855-77-13
President: Janina Szewczyk
President: Alicja Hawro
Bank Spółdzielczy in Jędrzejów
Bank Spółdzielczy in Kamienna Góra
28-300 Jędrzejów, ul. Przypkowskiego 30
58-400 Kamienna Góra, ul. Waryńskiego 11
phone: 0-41 386-18-80
phone: 0-75 754-67-00
President: Janusz Hatys
President: Edward Buczek
Warmiński Bank Spółdzielczy
Bank Spółdzielczy in Katowice
11-042 Jonkowo, Pl. 650-lecia Jonkowa 12
40-064 Katowice, ul. Kopernika 5
phone: 0-89 512-91-25, 512-92-22
phone: 0-32 358-98-00
President: Elżbieta Krasowska-Jaworska
President: Józef Myrczek
Bank Spółdzielczy in Jordanów
Bank Spółdzielczy in Kazimierz Dolny
34-785 Jordanów, Rynek 44
24-120 Kazimierz Dolny, Rynek 14
phone: 0-18 267-55-20, 267-45-15
phone: 0-81 881-01-42, 881-01-70
President: Stanisław Job
President: Jolanta Maj
Bank Spółdzielczy in Józefów n/Wisłą
Bank Spółdzielczy in Kąty Wrocławskie
24-340 Józefów n/Wisłą, ul. Opolska 7
55-080 Kąty Wrocławskie, Rynek 4
phone: 0-81 828-50-10, 828-50-64
phone: 0-71 364-69-10, 364-69-14
President: Franciszka Sawiarska
President: Roman Górczyński
Bank Spółdzielczy in Juchnowiec Górny
Bank Spółdzielczy in Kęty
16-061 Juchnowiec Górny, ul. Białostocka 4
32-650 Kęty, ul. Sobieskiego 16
phone: 0-85 719-66-74, 719-66-74
phone: 0-33 845-21-54, 845-35-83
President: Eugeniusz Antoniuk
President: Stanisława Zadora
Bank Spółdzielczy in Kalwaria Zebrzydowska
Bank Spółdzielczy in Kielce
34-130 Kalwaria Zebrzydowska, ul. Jagiellońska 2
25-015 Kielce, ul. Złota 9
phone: 0-33 876-63-23, 876-64-59
phone: 0-41 345-48-03
President: Adam Gnojek
President: Stanisław Matejkiewicz
70
LIST OF CONTACTS
2006
Bank Spółdzielczy in Kłobuck
Bank Spółdzielczy in Koniecpol
42-100 Kłobuck, ul. Bohaterów Bitwy pod Mokrą 2
42-230 Koniecpol, ul. Kościuszki 7
phone: 0-34 317-28-31, 317-27-67
phone: 0-34 354-05-40, 354-05-41
President: Lilia Kardas
President: Halina Dudek
Bank Spółdzielczy in Kłodzko
Bank Spółdzielczy in Konopiska
57-300 Kłodzko, Pl.Chrobrego 4
42-274 Konopiska, ul. Częstochowska 28
phone: 0-74 867-22-01, 867-34-37
phone: 0-34 378-07-10, 378-07-11
President: Tomasz Nowacki
President: Włodzimierz Cichoń
Bank Spółdzielczy in Kłomnice
Bank Spółdzielczy in Konstantynów
42-270 Kłomnice, ul. Częstochowska 42
21-543 Konstantynów, ul. Janowska 7
phone: 0-34 329-83-37, 329-83-39
phone: 0-83 341-50-90
President: Barbara Dominiak
President: Ryszard Rościński
Orzesko- Knurowski Bank Spółdzielczy in Knurów
Bank Spółdzielczy in Końskie
44-194 Knurów, ul. Kosmonautów 9a
26-200 Końskie, ul. Zamkowa 7
phone: 0-32 339-17-00
phone: 0-41 372-25-74, 372-35-06
President: Józef Kapłanek
President: Danuta Pakos
Bank Spółdzielczy in Kock
Bank Spółdzielczy in Końskowola
21-150 Kock, ul. Krasickiego 31
24-130 Końskowola, ul. Lubelska 91a
phone: 0-81 859-10-22, 859-14-13
phone: 0-81 881-62-19
President: Bogumiła Góral
President: Kazimierz Butryn
Bank Spółdzielczy in Kolbuszowa
Bank Spółdzielczy in Kornica
36-100 Kolbuszowa, ul. Kościuszki 22
08-205 Kornica, Kornica 19 A
phone: 0-17 227-10-62
phone: 0-83 358-78-16, 358-75-43
President: Andrzej Tatuśko
President: Dariusz Melech
Bank Spółdzielczy in Kolno
Bank Spółdzielczy in Korycin
18-500 Kolno, ul. Kolejowa 2
16-140 Korycin, Rynek 11
phone: 0-86 278-48-61, 278-48-65
phone: 0-85 721-90-11, 721-90-27
President: Krzysztof Kajko
President: Irena Wynimko
Bank Spółdzielczy in Kołaczyce
Bank Spółdzielczy in Koszęcin
38-213 Kołaczyce, Rynek 2
42-286 Koszęcin, ul. Sienkiewicza 1
phone: 0-13 446-03-99, 446-02-11
phone: 0-34 378-07-41, 378-07-42
President: Teresa Koś
President: Jadwiga Franek
71
LIST OF CONTACTS
2006
Bank Spółdzielczy in Kożuchów
Bank Spółdzielczy in Krzywda
67-120 Kożuchów, ul. Klasztorna 4
21-470 Krzywda, ul. Łukowska 120
phone: 0-68 355-20-24, 355-20-25
phone: 0-25 755-10-14, 755-13-08
President: Natalia Pawlak
President: Jan Sprycha
Bank Spółdzielczy Rzemiosła in Kraków
Bank Spółdzielczy in Krzyżanowice
31-133 Kraków, ul. Dunajewskiego 7
47-450 Krzyżanowice, ul. Tworkowska 12
phone: 0-12 430-05-12, 430-05-08
phone: 0-32 419-40-11, 419-40-44
President: Helena Piasecka
President: Beata Łopocz
Bank Spółdzielczy in Krapkowice
Bank Spółdzielczy in Księżpol
47-300 Krapkowice, ul. Opolska 12
23-415 Księżpol, ul. Biłgorajska 10
phone: 0-77 466-14-91, 466-13-40
phone: 0-84 687-73-30, 687-74-11
President: Teodor Pandel
President: Janina Wolanin
Bank Spółdzielczy in Krasnosielc
Bank Spółdzielczy in Kurów
06-212 Krasnosielc, ul. Cmentarna 7
24-170 Kurów, ul. Lubelska 9
phone: 0-29 717-51-06, 717-51-26
phone: 0-81 881-10-13
President: Henryk Obrębski
President: Marianna Filipek
Bank Spółdzielczy in Krasnystaw
Bank Spółdzielczy in Legnica
22-300 Krasnystaw, ul. Mostowa 25
59-220 Legnica, ul. Wjazdowa 2
phone: 0-82 576-37-35
phone: 0-76 852-22-17, 862-19-76
President: Stanisław Woźniak
President: Gabriela Sołobodowska
Bank Spółdzielczy in Krościenko n/D
Bank Spółdzielczy in Leśnica
34-450 Krościenko nad Dunajcem, Rynek 12
47-150 Leśnica, Pl.Narutowicza 9
phone: 0-18 262-57-10, 262-30-17
phone: 0-77 463-08-50, 463-92-13
President: Anna Ziemiańczyk
President: Józef Garbacz
Bank Spółdzielczy in Krzepice
Bank Spółdzielczy in Leśniowice
42-160 Krzepice, ul. Częstochowska 27
22-122 Leśniowice, Leśniowice 22 A
phone: 0-34 317-51-11, 317-51-04
phone: 0-82 567-54-65
President: Anna Chyrzyńska
President: Franciszek Lubaś
Bank Spółdzielczy in Krzeszowice
Bank Spółdzielczy in Leżajsk
32-065 Krzeszowice, ul. Krakowska 6
37-300 Leżajsk, ul. Mickiewicza 38
phone: 0-12 282-01-02, 282-11-08
phone: 0-17 242-00-73, 242-04-78
President: Alicja Łoś
President: Stanisław Marchwiany
72
LIST OF CONTACTS
2006
Bank Spółdzielczy in Limanowa
Bank Spółdzielczy in Łazy
34-600 Limanowa, Rynek 7
42-450 Łazy, ul. Topolowa 9
phone: 0-18 337-91-00
phone: 0-32 672-93-33, 672-92-43
President: Adam Dudek
President: Danuta Mikulska
Bank Spółdzielczy in Lipinki
Bank Spółdzielczy in Łącko
38-305 Lipinki, Lipinki 444
33-390 Łącko, Łącko 72
phone: 0-13 447-70-02, 447-03-78
phone: 0-18 444-60-21, 444-58-73
President: Halina Dybaś
President: Maria Rysiewicz
Powiatowy Bank Spółdzielczy in Lubaczów
Bank Spółdzielczy in Łęczna
37-600 Lubaczów, ul. Rynek 26
20-010 Łęczna, ul. Partyzancka 17
phone: 0-16 632-96-10, 632-96-11
phone: 0-81 752-73-10, 752-73-11
President: Danuta Płonczyńska
President: Zbigniew Urbankiewicz
Bank Spółdzielczy in Lubawa
Bank Spółdzielczy in Łobżenica
14-260 Lubawa, ul. Warszawska 20
89-310 Łobżenica, ul. Wyrzyska 26
phone: 0-89 645-21-99, 645-22-23
phone: 0-67 286-00-51
President: Magdalena Waldan
President: Wojciech Laska
Bank Spółdzielczy in Lubenia
Bank Spółdzielczy in Łochów
36-042 Lubenia, Lubenia 142
07-130 Łochów, Aleja Pokoju 54
phone: 0-17 850-01-34, 850-40-36
phone: 0-25 675-13-63, 675-13-65
President: Józef Tłuczek
President: Krzysztof Krasnodębski
Bank Spółdzielczy in Łańcut
Bank Spółdzielczy in Łomazy
37-100 Łańcut, ul. Mickiewicza 4
21-532 Łomazy, Pl. Jagielloński 7
phone: 0-17 225-41-62
phone: 0-83 341-70-05
President: Wacław Kozłowski
President: Krzysztof Łojewski
Bank Spółdzielczy in Łaskarzew
Bank Spółdzielczy in Łomża
08-450 Łaskarzew, Duży Rynek 31
18-400 Łomża, Aleja Legionów 5
phone: 0-25 684-50-10
phone: 0-86 218-33-33, 218-14-03
President: Stanisław Niezgoda
President: Stanisław Jabłoński
Bank Spółdzielczy in Łaszczów
Bank Spółdzielczy in Łopuszno
22-650 Łaszczów, ul. 3-Maja 13
26-070 Łopuszno, ul. Przedborska 10
phone: 0-84 661-15-11
phone: 0-41 391-40-12, 391-40-45
President: Danuta Fedziuryna
President: Elżbieta Węgrzyn
73
LIST OF CONTACTS
2006
Bank Spółdzielczy in Łosice
Bank Spółdzielczy in Mierzęcice
08-200 Łosice, ul. Bialska 6
42-460 Mierzęcice, ul. Bankowa 22
phone: 0-83 359-05-17, 359-05-16
phone: 0-32 288-70-39, 288-70-57
President: Romuald Piotruk
President: Barbara Adamczyk
Bank Spółdzielczy in Łososina Dolna
Bank Spółdzielczy in Międzyrzec Podlaski
33-314 Łososina Dolna, Łososina Dolna
21-350 Międzyrzec Podlaski, ul. Warszawska 22
phone: 0-18 444-80-24
phone: 0-83 371-42-58, 371-72-01
President: Stanisław Baran
President: Zdzisław Andrzejuk
Bank Spółdzielczy in Łubniany
Bank Spółdzielczy in Mikołajki
46-024 Łubniany, ul. Osowska 1
11-730 Mikołajki, ul. M. Kajki 1
phone: 0-77 421-50-36
phone: 0-87 421-62-48, 421-52-61
President: Stanisław Dembowski
President: Stanisław Lachowicz
Bank Spółdzielczy in Łukowa
Bank Spółdzielczy in Milicz
23-412 Łukowa, Łukowa IV /547
56-300 Milicz, ul. Trzebnicka 7
phone: 0-84 687-41-21
phone: 0-71 384-02-80
President: Zdzisław Szostak
President: Wanda Wiśniewska
Bank Spółdzielczy in Łuków
Bank Spółdzielczy in Mińsk Mazowiecki
21-400 Łuków, ul. Chopina 5
05-300 Mińsk Mazowiecki, ul. Piłsudskiego 6
phone: 0-25 798-26-70
phone: 0-25 758-29-68, 758-29-78
President: Bogdan Kazimierski
President: Halina Strzębska
Bank Spółdzielczy in Mała Wieś
Bank Spółdzielczy in Mokobody
09-460 Mała Wieś, ul. Płońska 7
08-124 Mokobody, ul. Siedlecka 16
phone: 0-24 231-40-46, 231-40-42
phone: 0-25 641-13-94
President: Stanisław Jóźwiak
President: Barbara Halina Ostas
Bank Spółdzielczy in Miedźna
Bank Spółdzielczy in Mońki
43-227 Miedźna, ul. Wiejska 2
19-100 Mońki, ul. Wyzwolenia 13
phone: 0-32 211-61-16, 326-30-10
phone: 0-85 716-25-34, 716-26-64
President: Józef Czysz
President: Jan Ciborowski
Bank Spółdzielczy in Mielec
Bank Spółdzielczy in Mrągowo
39-300 Mielec, ul. Lwowska 2
11-700 Mrągowo, ul. Królewiecka 53
phone: 0-17 586-31-59, 586-26-53
phone: 0-89 741-75-45, 741-75-46
President: Józef Dąbrowski
President: Alfred Jaworski
74
LIST OF CONTACTS
2006
Bank Spółdzielczy in Mrozy
Bank Spółdzielczy in Narol
05-320 Mrozy, ul. Mickiewicza 13
37-610 Narol, ul. Kościelna 1
phone: 0-25 757-41-91, 757-47-35
phone: 0-16 631-70-63, 631-70-10
President: Czesław Włodarczyk
President: Krystyna Sawa
Bank Spółdzielczy in Mstów
Bank Spółdzielczy in Narew
42-244 Mstów, ul. 16 stycznia 14
17-210 Narew, ul. Dąbrowskiego 1
phone: 0-34 328-41-11, 329-50-23
phone: 0-85 681-60-36, 681-60-77
President: Czesława Krakowska
President: Olga Jakubowska
Bank Spółdzielczy in Mszana Dolna
Bank Spółdzielczy in Nawojowa
34-730 Mszana Dolna, Rynek 1
33-335 Nawojowa, Nawojowa 99
phone: 0-18 331-92-10
phone: 0-18 445-70-79, 445-70-40
President: Jerzy Marian Wójciak
President: Krystyna Kurcz
Bank Spółdzielczy Muszyna-Krynica Zdrój
Bank Spółdzielczy in Nidzica
33-370 Muszyna, ul. Piłsudskiego 8
13-100 Nidzica, ul. Mickiewicza 3
phone: 0-18 471-40-25, 440-83-80
phone: 0-89 625-82-55, 625-22-15
President: Maciej Palej
President: Tadeusz Miecznikowski
Bank Spółdzielczy in Mykanów
Bank Spółdzielczy in Niechobrz
42-233 Mykanów, ul. Samorządowa 3
36-047 Niechobrz, Niechobrz 118
phone: 0-34 328-80-31, 328-80-93
phone: 0-17 859-14-00, 859-14-01
President: Krystyna Skoczylas
President: Barbara Pasierb
Bank Spółdzielczy in Myszków
Bank Spółdzielczy in Niedrzwica Duża
42-300 Myszków, ul. Kościuszki 111
24-220 Niedrzwica Duża, ul. Lubelska 4
phone: 0-34 313-78-00, 313-78-01
phone: 0-81 517-50-12, 517-50-46
President: Leokadia Mizerska
President: Marianna Polaczek
Bank Spółdzielczy in Nałęczów
Bank Spółdzielczy in Nielisz seated in Staw Noakowski
24-140 Nałęczów, ul. 1 Maja 16
22-413 Nielisz, Staw Noakowski
phone: 0-81 501-41-80, 501-41-81
phone: 0-84 631-27-14
President: Grzegorz Bednarczyk
President: Stanisław Myszkowski
Bank Spółdzielczy in Namysłów
Bank Spółdzielczy in Niemce
46-100 Namysłów, Plac Wolności 8
21-025 Niemce, ul. Lubelska 190
phone: 0-77 410-43-51
phone: 0-81 756-17-30
President: Zdzisław Bąk
President: Zdzisław Siwek
75
LIST OF CONTACTS
2006
Bank Spółdzielczy in Nowa Sól
Bank Spółdzielczy in Olsztynek
67-100 Nowa Sól, ul. Bankowa 1
11-015 Olsztynek, Rynek 2
phone: 0-68 387-52-71
phone: 0-89 519-20-35, 519-25-26
President: Ryszard Żok
President: Teresa Wodzyńska
Bank Spółdzielczy in Nowy Dwór Mazowiecki
Bank Spółdzielczy "Bank Rolników" in Opole
05-100 Nowy Dwór Mazowiecki, ul. Słowackiego 8
45-005 Opole, ul. Książąt Opolskich 36a
phone: 0-22 775-29-19, 775-24-92
phone: 0-77 402-14-42, 402-14-33
President: Remigiusz Krawieczyński
President: Renata Gumała
Bank Spółdzielczy in Nowy Sącz
Bank Spółdzielczy in Ostrowiec Świętokrzyski
33-310 Nowy Sącz, ul. Batorego 78
27-400 Ostrowiec Świętokrzyski, ul. Wardyńskiego 15 a
phone: 0-18 443-53-36
phone: 0-41 263-31-13, 263-33-32
President: Anna Ząber
President: Zdzisław Szostak
Bank Spółdzielczy in Nowy Targ
Bank Spółdzielczy in Oświęcim
34-400 Nowy Targ, Rynek 11
32-600 Oświęcim, ul. Kościelna 1
phone: 0-18 266-27-33
phone: 0-33 842-26-83, 842-47-70
President: Marianna Bura
President: Elżbieta Barzycka
Bank Spółdzielczy in Oborniki Śląskie
Bank Spółdzielczy in Otmuchów
55-120 Oborniki Śląskie, ul. Trzebnicka 3
48-385 Otmuchów, Rynek 1 B
phone: 0-71 310-51-23 310-33-83
phone: 0-77 431-53-95, 431-52-23
President: Przemysław Andrzejewski
President: Piotr Burski
Bank Spółdzielczy in Obsza
Bank Spółdzielczy in Ozorków
23-413 Obsza
95-035 Ozorków, Plac Jana Pawła II nr 6
phone: 0-84 689-10-55, 689-10-06
phone: 0-42 718-10-11, 718-19-12
President: Ryszard Kopaczyński
President: Władysław Starzyński
Bank Spółdzielczy in Olecko
Bank Spółdzielczy in Pajęczno
19-400 Olecko, ul. Cicha 2
98-330 Pajęczno, ul. Wiśniowa 32
phone: 0-87 520-32-91, 520-44-57
phone: 0-34 311-25-51, 311-20-20
President: Jan Łuza
President: Janina Ślusarek
Bank Spółdzielczy in Oleśnica
Bank Spółdzielczy in Parczew
56-400 Oleśnica, ul. Wrocławska 36
21-200 Parczew, ul. Kościelna 27
phone: 0-71 398-00-60, 398-00-92
phone: 0-83 355-13-25, 355-13-24
President: Aleksander Dachowski
President: Marek Markowski
76
LIST OF CONTACTS
2006
Bank Spółdzielczy in Pawłowice
Bank Spółdzielczy in Poddębice
43-250 Pawłowice, ul. Zjednoczenia 60
99-200 Poddębice, ul. Łódzka 33
phone: 0-32 472-23-20, 472-19-24
phone: 0-43 678-37-00, 678-34-36
President: Monika Harazin
President: Eugeniusz Rytwiński
Bank Spółdzielczy in Piątnica
Bank Spółdzielczy in Podegrodzie
18-421 Piątnica, ul. Stawiskowska 30
33-386 Podegrodzie, Podegrodzie 223
phone: 0-86 219-13-70
phone: 0-18 445-91-21, 445-91-22
President: Aleksander Kaczyński
President: Bernadeta Konstanty
Bank Spółdzielczy in Pieńsk
Bank Spółdzielczy in Połaniec
59-930 Pieńsk, ul. Staszica 20
28-230 Połaniec, ul. Żapniowska 3
phone: 0-75 778-64-84
phone: 0-15 865-00-71
President: Zygmunt Listwan
President: Władysława Borowiec
Bank Spółdzielczy in Pilzno
Bank Spółdzielczy in Poniatowa
39-220 Pilzno, ul. Grodzka 2
24-320 Poniatowa, ul. 1 Maja 7 B
phone: 0-14 672-10-11, 672-28-13
phone: 0-81 820-43-07
President: Antoni Jankosz
President: Maryla Kania
Bank Spółdzielczy in Pińczów
Bank Spółdzielczy in Popów seated in Zawady
28-400 Pińczów, Pl. Wolności 21
42-110 Zawady, ul. Częstochowska 8
phone: 0-41 357-20-31, 357-32-38
phone: 0-34 310-37-31, 310-37-34
President: Jakub Madej
President: Anna Sztolcman
Bank Spółdzielczy in Piwniczna Zdrój
Bank Spółdzielczy in Porąbka
33-350 Piwniczna, ul. Rzeszutka 2
43-353 Porąbka, Rynek 5
phone: 0-18 446-40-18, 446-42-26
phone: 0-33 810-60-01, 810-64-52
President: Stanisław Mróz
President: Emilia Wątor
Bank Spółdzielczy in Platerów
Bank Spółdzielczy in Praszka
08-210 Platerów, ul. 3 Maja 20
46-320 Praszka, ul. Mickiewicza 1
phone: 0-83 357-84-14, 357-84-66
phone: 0-34 359-13-32, 359-13-33
President: Anna Raczuk
President: Urszula Sieradzka
Bank Spółdzielczy in Poczesna
Bank Spółdzielczy in Proszowice
42-262 Poczesna, ul. Bankowa 1
32-100 Proszowice, ul. Krakowska 53
phone: 0-34 371-12-33
phone: 0-12 386-18-66
President: Leszek Klimek
President: Józef Banach
77
LIST OF CONTACTS
2006
Bank Spółdzielczy in Prudnik
Bank Spółdzielczy in Radom
48-200 Prudnik, ul. Tadeusza Kościuszki 12
26-600 Radom, ul. Czachowskiego 21A
phone: 0-77 406-50-00, 406-55-01
phone: 0-48 363-99-33
President: Mirosław Michałowski
President: Zygmunt Grzegorczyk
Bank Spółdzielczy in Pruszków
Bank Spółdzielczy Rzemiosła in Radom
05-800 Pruszków, ul. Bolesława Prusa 88
26-600 Radom, ul. Kilińskiego 15/17
phone: 0-22 728-50-65, 728-50-80
phone: 0-48 362-66-53
President: Jadwiga Podlewska-Wieczorek
President: Bożena Sokalska-Kaca
Bank Spółdzielczy in Przasnysz
Bank Spółdzielczy in Radomyśl Wielki
06-300 Przasnysz, ul. Słowackiego 1
39-310 Radomyśl Wielki, ul. Krótka 2
phone: 0-29 752-33-00, 752-24-49
phone: 0-14 681-95-30, 681-95-31
President: Alicja Durska
President: Janusz Buczek
Bank Spółdzielczy in Przecław
Bank Spółdzielczy in Radoszyce
39-320 Przecław, ul. Krótka 2
26-230 Radoszyce, ul. 1 Maja 2
phone: 0-17 581-31-91, 774-73-00
phone: 0-41 373-50-03
President: Krystyna Skowrońska
President: Maciej Nieduziak
Bank Spółdzielczy in Przeworsk
Bank Spółdzielczy in Radymno
37-200 Przeworsk, ul. Krakowska 11
37-550 Radymno, ul. Złota Góra 25
phone: 0-16 648-74-50
phone: 0-16 628-10-26
President: Józefa Kozłowska
President: Andrzej Gniewek
Bank Spółdzielczy in Pszczyna
Bank Spółdzielczy in Radziechowy Wieprz
43-200 Pszczyna, Rynek 6
34-381 Radziechowy Wieprz, Radziechowy Wieprz 700
phone: 0-32 210-36-39, 210-35-91
phone: 0-33 867-66-16
President: Drzyzga Jacek
President: Przemysław Kubaszek
Bank Spółdzielczy in Raba Wyżna
Bank Spółdzielczy in Radzyń Podlaski
34-721 Raba Wyżna, Raba Wyżna 30
21-300 Radzyń Podlaski, ul. Ostrowiecka 35
phone: 0-18 269-12-00, 269-12-01
phone: 0-83 352-70-59, 352-70-57
President: Janina Niźnik
President: Roman Domański
Bank Spółdzielczy in Racibórz
Bank Spółdzielczy in Rajcza
47-400 Racibórz, ul. Klasztorna 3
34-370 Rajcza, ul. Górska 13
phone: 0-32 415-20-89, 415-37-60
phone: 0-33 864-38-54
President: Elżbieta Ceglarek
President: Maria Wolna
78
LIST OF CONTACTS
2006
Bank Spółdzielczy in Reszel
Bank Spółdzielczy in Rymanów
11-440 Reszel, ul. Kolejowa 4
38-480 Rymanów, Rynek 14
phone: 0-89 755-34-03, 755-34-00
phone: 0-13 435-50-18
President: Krystyna Pogorzelska
President: Robert Pacek
Bank Spółdzielczy in Ropczyce
Bank Spółdzielczy in Rzeszów
39-100 Ropczyce, Rynek 13
35-025 Rzeszów, ul. płk Leopolda Lisa Kuli 6
phone: 0-17 221-83-24, 221-80-29
phone: 0-17 853-45-35, 852-31-84
President: Tomasz Kasprzycki
President: Józef Cieszyński
Bank Spółdzielczy in Roźwienica
Bank Spółdzielczy in Samsonów
37-565 Roźwienica, Roźwienica 173
26-050 Zagnańsk, Samsonów 32
phone: 0-16 622-67-31, 622-58-97
phone: 0-41 300-34-03, 300-36-67
President: Adam Sawa
President: Józef Florek
Bank Spółdzielczy in Różan
Bank Spółdzielczy in Sarnaki
06-230 Różan, ul. Wileńska 2
08-220 Sarnaki, ul. Kolejowa 2
phone: 0-29 766-90-09, 766-92-20
phone: 0-83 359-91-61, 359-91-27
President: Witold Biernacki
President: Antoni Prokopiuk
Warmińsko-Mazurski Bank Spółdzielczy
Bank Spółdzielczy in Sawin
12-200 Pisz, ul. Gizewiusza 2a
22-107 Sawin, Rynek 6
phone: 0-87 425-08-50
phone: 0-82 567-30-13, 567-30-51
President: Hanna Barbara Ruszczyńska
President: Elżbieta Kosmala
Bank Spółdzielczy in Rutka Tartak
Bank Spółdzielczy in Sejny
16-406 Rutka Tartak, ul. 3 Maja 6
16-500 Sejny, ul. Marchlewskiego 1
phone: 0-87 568-72-07 568-73-20
phone: 0-87 517-34-65, 571-34-66
President: Stanisław Osiński
President: Marian Czokajło
Bank Spółdzielczy in Rybnik
Bank Spółdzielczy in Sędziszów
44-200 Rybnik, Rynek 10
28-340 Sędziszów, ul. Leśna 7
phone: 0-32 422-37-35
phone: 0-41 381-10-16, 381-25-54
President: Gertruda Banaszkiewicz
President: Stanisław Syguła
Bank Spółdzielczy in Ryki
Bank Spółdzielczy in Sędziszów Małopolski
08-500 Ryki, ul. Warszawska 23
39-120 Sędziszów Młp., ul. 3 Maja 18
phone: 0-81 865-24-37, 865-26-20
phone: 0-17 221-64-26, 221-67-72
President: Tadeusz Polak
President: Stanisława Róg
79
LIST OF CONTACTS
2006
Bank Spółdzielczy in Siedlce
Bank Spółdzielczy in Sobienie Jeziory
08-100 Siedlce, ul. Pusta 5/9
08-443 Sobienie Jeziory, ul. Duży Rynek 17
phone: 0-25 632-79-52, 644-08-10
phone: 0-25 685-80-11, 685-80-59
President: Sławomir Marciszewski
President: Józef Szewczuk
Bank Spółdzielczy in Siemiatycze
Bank Spółdzielczy in Sochaczew
17-300 Siemiatycze, ul. Drohiczyńska 8
96-500 Sochaczew, ul. Reymonta 18
phone: 0-85 655-26-28
phone: 0-46 862-21-96, 862-28-88
President: Jan Franciszek Koc
President: Kazimierz Majewski
Bank Spółdzielczy in Sierpc
09-200 Sierpc, ul. Wiosny Ludów 6
Bank Spółdzielczy in Sokołów Małopolski
phone: 0-24 275-22-31, 275-25-21
36-050 Sokołów Małopolski, ul. Rynek 4
President: Tadeusz Majczak
phone: 0-17 772-90-13
President: Barbara Piela
Bank Spółdzielczy in Siewierz
42-470 Siewierz, ul. Częstochowska 1
Bank Spółdzielczy in Sokółka
phone: 0-32 674-13-17, 674-27-90
16-100 Sokółka, ul. Ściegiennego 16
President: Stanisława Pentak
phone: 0-85 711-20-94, 711-20-82
President: Klemens Kaczyński
Bank Spółdzielczy in Skawina
32-050 Skawina, ul. Rynek 19
Bank Spółdzielczy in Sośnicowice
phone: 0-12 276-38-16
44-153 Sośnicowice, ul. Gliwicka 30
President: Kazimiera Stochel
phone: 0-32 238-77-60, 238-77-61
President: Ryszard Czekurłan
Bank Spółdzielczy in Skierniewice
96-100 Skierniewice, ul. Reymonta 25
Bank Spółdzielczy in Stalowa Wola
phone: 0-46 834-48-00
37-450 Stalowa Wola, ul. Okulickiego 56 c
President: Władysław Klażyński
phone: 0-15 842-10-27, 842-41-38
President: Stanisław Kłapeć
Bank Spółdzielczy in Skoczów
43-430 Skoczów, ul. Objazdowa 10
Bank Spółdzielczy in Starachowice
phone: 0-33 857-95-00, 857-95-22
27-200 Starachowice, ul. Kilińskiego 1
President: Krystyna Binek-Angełowa
phone: 0-41 274-64-77, 274-60-61
President: Barbara Szymańska
Bank Spółdzielczy in Słomniki
32-090 Słomniki, ul. Żeromskiego 1A
Bank Spółdzielczy in Staroźreby
phone: 0-12 388-15-57, 388-28-70
09-440 Staroźreby, Plac Bojowników 3
President: Maria Graca
phone: 0-24 261-70-72, 261-70-19
President: Blandyna Jankowska
80
LIST OF CONTACTS
2006
Bank Spółdzielczy in Stary Dzików
Bank Spółdzielczy in Sulików
37-632 Stary Dzików, ul. Kościuszki 73
59-975 Sulików, Pl.Wolności 17
phone: 0-16 631-82-29
phone: 0-75 778-73-06, 778-71-99
President: Stanisław Goraj
President: Krzysztof Wojciechowski
Bank Spółdzielczy in Stary Sącz
Bank Spółdzielczy in Suwałki
33-340 Stary Sącz, ul. Daszyńskiego 11
16-400 Suwałki, ul. Utrata 4
phone: 0-18 446-14-28, 446-09-60
phone: 0-87 565-00-78, 565-00-77
President: Wojciech Kulak
President: Andrzej Kolenkiewicz
Bank Spółdzielczy in Staszów
Bank Spółdzielczy in Szczebrzeszyn
28-200 Staszów, ul. Kościelna 25
22-460 Szczebrzeszyn, ul. Pl.T.Kościuszki 31
phone: 0-15 864-24-58
phone: 0-84 682-11-19, 682-11-20
President: Piotr Kasprzycki
President: Józef Kniaziowski
Bank Spółdzielczy in Stopnica
Bank Spółdzielczy in Szczekociny
28-130 Stopnica, Pl. Piłsudskiego 27
42-445 Szczekociny, ul. Żeromskiego 8
phone: 0-41 377-90-25, 377-90-50
phone: 0-34 378-77-77
President: Alina Laskowska
President: Mieczysław Pytlarz
Bank Spółdzielczy in Strzyżów
Bank Spółdzielczy in Szczucin
38-100 Strzyżów, ul. Słowackiego 36
33-230 Szczucin, ul. Dr Rudnickiego 5
phone: 0-17 276-10-10
phone: 0-14 643-61-24, 643-62-24
President: Andrzej Raszka
President: Elżbieta Podosek
Bank Spółdzielczy in Suchedniów
Bank Spółdzielczy in Szczuczyn
26-130 Suchedniów, ul. Mickiewicza 8
19-230 Szczuczyn, Plac Tysiąclecia 27
phone: 0-41 254-30-21, 254-31-48
phone: 0-86 273-53-40, 272-50-17
President: Agnieszka Fąfara-Markiewicz
President: Mirosław Rainko
Bank Spółdzielczy in Sucha Beskidzka
Bank Spółdzielczy in Szczytno
34-200 Sucha Beskidzka, ul. Piłsudskiego 5
12-100 Szczytno, ul. Łomżyńska 20
phone: 0-33 874-50-00
phone: 0-89 624-23-09
President: Eleonora Natanek
President: Andrzej Tadeusz Górczyński
Bank Spółdzielczy in Suchowola
Spółdzielczy Bank Rozwoju
16-150 Suchowola, Pl. Kościuszki 1
18-210 Szepietowo, ul. Kardynała Stefana Wyszyńskiego 3
phone: 0-85 712-40-69, 712-44-20
phone: 0-86 477-04-00, 477-04-18
President: Henryk Turel
President: Krzysztof Radziszewski
81
LIST OF CONTACTS
2006
Bank Spółdzielczy in Szumowo
Bank Spółdzielczy in Tomaszów Lubelski
18-305 Szumowo, ul. XXX-lecia 3
22-600 Tomaszów Lubelski, ul. Orzeszkowej 2
phone: 0-86 270-70-68, 476-82-32
phone: 0-84 664-34-31
President: Edward Lipiński
President: Zygmunt Galan
Bank Spółdzielczy in Szydłów
Bank Spółdzielczy in Trzebiel
28-225 Szydłów, ul. Kościelna 1
68-200 Żary, ul. Wrocławska 21
phone: 0-41 354-51-21
phone: 0-68 363-09-00
President: Władysław Stępień
President: Mieczysław Ryczkowski
Bank Spółdzielczy in Środa Śląska
Bank Spółdzielczy in Trzebieszów
55-300 Środa Śląska, ul. Wrocławska 2
21-404 Trzebieszów, Trzebieszów 33
phone: 0-71 317-38-66
phone: 0-25 796-06-66, 657-26-04
President: Czesław Woźniakowski
President: Mieczysław Trokowicz
Bank Spółdzielczy in Świdnica
Bank Spółdzielczy in Trzebnica
58-100 Świdnica, ul. Długa 9
55-100 Trzebnica, ul. Prusicka 1
phone: 0-74 852-22-11, 852-29-92
phone: 0-71 387-43-21
President: Zbigniew Chęciński
President: Jerzy Woźniczko
Bank Spółdzielczy in Świerklaniec
Bank Spółdzielczy in Tworóg
42-622 Świerklaniec, ul. 3 Maja 33
42-690 Tworóg, ul. Zamkowa 15
phone: 0-32 284-43-13, 284-41-71
phone: 0-32 285-74-62, 285-73-43
President: Teresa Bem
President: Kazimiera Huniak
Bank Spółdzielczy in Tarnobrzeg
Bank Spółdzielczy in Tychy
39-400 Tarnobrzeg, ul. Sokola 12
43-100 Tychy, ul. Damrota 41
phone: 0-15 822-33-00
phone: 0-32 324-83-44, 324-83-00
President: Zygmunt Czerwiński
President: Teresa Rusinek
Bank Spółdzielczy in Tarnogród
Bank Spółdzielczy in Tyczyn
23-420 Tarnogród, ul. Partyzantów 9
36-020 Tyczyn, ul. Mickiewicza 6
phone: 0-84 689-71-23, 689-70-12
phone: 0-17 221-92-10, 221-95-12
President: Marian Gielicz
President: Tadeusz Baran
Bank Spółdzielczy in Tarnowskie Góry
Bank Spółdzielczy in Ustroń
42-600 Tarnowskie Góry, ul. Bytomska 6
43-450 Ustroń, ul. Daszyńskiego 10a
phone: 0-32 393-90-40
phone: 0-33 854-34-57, 854-25-47
President: Fryderyk Radziej
President: Halina Fober
82
LIST OF CONTACTS
2006
Bank Spółdzielczy in Warta
Bank Spółdzielczy in Wisznice
98-290 Warta, ul. Klasztorna 1
21-580 Wisznice, Rynek 13
phone: 0-43 829-42-16, 829-42-17
phone: 0-83 378-26-04, 378-22-72
President: Mieczysław Sęsoła
President: Zbysław Gabrylewicz
Bank Spółdzielczy in Wąchock
Bank Spółdzielczy in Włoszczowa
27-215 Wąchock, ul. Wielkowiejska 2
29-100 Włoszczowa, ul. Partyzantów 5
phone: 0-41 271-50-85
phone: 0-41 394-29-40, 394-24-15
President: Anna Latała
President: Artur Kowalczyk
Bank Spółdzielczy in Werbkowice
Bank Spółdzielczy in Wodzisław
22-550 Werbkowice, ul. Zamojska 1/1
28-330 Wodzisław, ul. Krakowska 6
phone: 0-84 657-20-09, 657-26-04
phone: 0-41 380-60-61, 380-60-23
President: Antoni Czarnecki
President: Stanisław Liburski
Bank Spółdzielczy in Węgierska Górka
Bank Spółdzielczy in Wodzisław Śląski
34-350 Węgierska Górka, ul. Zielona 45
44-300 Wodzisław Śląski, ul. Mendego 6
phone: 0-33 864-18-90, 864-21-06
phone: 0-32 455-33-63, 455-34-42
President: Tadeusz Juraszek
President: Alicja Malina
Bank Spółdzielczy in Węgorzewo
Bank Spółdzielczy in Wojsławice
11-600 Węgorzewo, ul. Pionierów 27
22-120 Wojsławice, Rynek 23
phone: 0-87 427-31-51
phone: 0-82 566-91-01
President: Jan Jawiński
President: Janusz Mazurek
Bank Spółdzielczy in Wieliczka
Bank Spółdzielczy in Wolbrom
32-020 Wieliczka, ul. Kilińskiego 2
32-340 Wolbrom, ul. Krakowska 26
phone: 0-12 278-13-95, 278-14-66
phone: 0-32 647-20-60, 644-11-64
President: Edward Biernacki
President: Witold Myszor
Bank Spółdzielczy in Wielopole Skrzyńskie
Bank Spółdzielczy in Wręczyca Wielka
39-110 Wielopole Skrzyńskie, Rynek 196
42-130 Wręczyca Wielka, ul. Sportowa 1
phone: 0-17 221-40-17, 221-48-66
phone: 0-34 317-02-14, 317-00-39
President: Janina Cios
President: Henryk Olszewski
Bank Spółdzielczy in Wilamowice
Bank Spółdzielczy in Wysoka
43-330 Wilamowice, ul. Paderewskiego 17
89-320 Wysoka, ul. Strzelecka 1
phone: 0-33 845-71-02, 845-71-44
phone: 0-67 287-10-24, 287-11-62
President: Jerzy Królicki
President: Elżbieta Gromotka-Romińska
83
LIST OF CONTACTS
2006
Bank Spółdzielczy in Wysokie
Bank Spółdzielczy in Zawiercie
23-145 Wysokie, ul. Rynek Jabłonowskich 1
42-400 Zawiercie, ul. Zegadłowicza 6
phone: 0-84 680-62-12, 680-68-20
phone: 0-32 672-29-43, 672-22-68
President: Tadeusz Kędra
President: Janina Gieszczyk
Bank Spółdzielczy in Wysokie Mazowieckie
Bank Spółdzielczy in Ząbkowice Śląskie
18-200 Wysokie Mazowieckie, ul. Jagiellońska 14
57-200 Ząbkowice Śląskie, Rynek 10
phone: 0-86 275-20-22 275-20-31
phone: 0-74 815-16-18, 815-21-50
President: Tadeusz Nosek
President: Józefa Warechowicz
Polski Bank Spółdzielczy in Wyszków
Bank Spółdzielczy in Zgierz
07-200 Wyszków, ul. Kościuszki 5
95-100 Zgierz, ul. Długa 62A
phone: 0-29 743-52-00, 743-52-0
phone: 0-42 716-66-00, 716-40-11
President: Sławomir Chmielak
President: Elżbieta Zytek
Podlasko-Mazurski Bank Spółdzielczy in Zabłudów
Bank Spółdzielczy in Żabno
16-060 Zabłudów, ul. Surażska 2
33-240 Żabno, ul. Kilińskiego 6
phone: 0-85 717-09-30, 718-86-90
phone: 0-14 645-61-90, 645-63-90
President: Kazimierz Wasilewski
President: p.o.Mirosław Wajda
Bank Spółdzielczy in Zaleszany
Bank Spółdzielczy in Żagań
37-415 Zaleszany, Zaleszany 62
68-100 Żagań, ul. X-lecia 6/1
phone: 0-15 845-07-16, 845-09-52
phone: 0-68 377-25-16, 377-25-76
President: Cecylia Cygan
President: Kazimierz Olejko
Bank Spółdzielczy in Zambrów
Bank Spółdzielczy in Żmigród
18-300 Zambrów, ul. Białostocka 2
55-140 Żmigród, ul. Marii Konopnickiej 1/3
phone: 0-86 271-07-32, 271-07-30
phone: 0-71 385-35-50, 385-33-36
President: Antoni Słaby
President: Edward Smektała
Bank Spółdzielczy in Zator
Bank Spółdzielczy in Żołynia
32-640 Zator, ul. Różana 2
37-110 Żołynia, ul. Kmiecie 1
phone: 0-33 841-23-40, 841-08-40
phone: 0-17 225-06-60, 226-16-74
President: Halina Syska
President: Kazimierz Górecki
Bank Spółdzielczy in Zawadzkie
Bank Spółdzielczy in Żory
46-059 Zawadzkie, ul. Opolska 38
44-240 Żory, ul. Męczenników Oświęcimskich 28
phone: 0-77 461-63-92
phone: 0-32 434-27-25
President: Wacław Tomecki
84
LIST OF CONTACTS
2006
Bank Spółdzielczy in Żurawica
Krakowski Bank Spółdzielczy in Kraków*
37-710 Żurawica, ul. Bankowa 4
31-150 Kraków, Rynek Kleparski 8
phone: 0-16 672-37-80, 672-37-81
phone: 0-12 422-09-26, 422-82-45
President: Zdzisław Zub
President: Jan Czesak
* cooperating bank
Bank Spółdzielczy in Żyraków
39-204 Żyraków
Mazowiecki Bank Spółdzielczy in Łomianki
phone: 0-14 670-12-24, 682-25-70
05-092 Łomianki, ul. Szpitalna 8
President: Danuta Klabacha
phone: 0-22 751-18-61, 751-10-14
President: Halina Choroś
Bank Spółdzielczy in Żytno
97-532 Żytno, ul. M.Konopnickiej 26
Mazurski Bank Spółdzielczy in Giżycko
phone: 0-34 326-91-11, 326-91-12
11-500 Giżycko, ul. Wyzwolenia 1
President: Elżbieta Zamożna
phone: 0-87 429-62-00, 429-62-02
President: Tadeusz Tur
Bank Spółdzielczy in Żywiec
34-300 Żywiec, Rynek 23
Międzygminny Bank Spółdzielczy in Zbuczyn
phone: 0-33 861-42-71, 861-54-41
08-106 Zbuczyn Poduchowny, ul. Terespolska 9
President: Leon Gąsiorek
phone: 0-25 641-68-39, 641-63-68
President: Dariusz Jasiński
Bank Spółdzielczy Ziemi Kraśnickiej in Kraśnik
23-200 Kraśnik, ul. Ogrodowa 5
Mikołowski Bank Spółdzielczy in Mikołów
phone: 0-81 884-06-00
43-190 Mikołów, ul. Krakowska 29
President: Józef Gąsiorowski
phone: 0-32 226-22-05, 226-24 95
President: Róża Brąclik
Bieszczadzki Bank Spółdzielczy in Ustrzyki Dolne
38-700 Ustrzyki Dolne, ul. Bełska 12
Morąsko-Zalewski Bank Spółdzielczy in Zalewo
phone: 0-13 461-12-96, 461-13-74
14-230 Zalewo, ul. Kolejowa 4
President: Stanisław Ochał
phone: 0-89 758-83-16, 758-83-59
President: Ryszard Sikora
Gospodarczy Bank Spółdzielczy in Radków
57-402 Nowa Ruda, ul. Radkowska 4
Nadwiślański Bank Spółdzielczy in Czerwińsk n/Wisłą
phone: 0-74 872-80-43, 873-04-69
seated in Wyszogród
President: Zygmunt Łaguna
09-450 Wyszogród, ul. Rębowska 2
phone: 0-24 231-50-02, 231-12-00
Jurajski Bank Spółdzielczy in Niegowa
President: Jolanta Malicka
42-320 Niegowa, ul. Bankowa 22
phone: 0-34 313-19-43, 315-10-06
Nadwiślański Bank Spółdzielczy in Solec Zdrój
President: Józef Milewski
28-131 Solec Zdrój, ul. 1-go Maja 6
phone: 0-41 377-60-16, 377-60-31
President: Krzysztof Czerwiec
85
LIST OF CONTACTS
2006
Podhalański Bank Spółdzielczy in Zakopane
Powiatowy Bank Spółdzielczy in Węgrów
34-500 Zakopane, ul. Kościuszki 2
phone: 0-25 792-33-13
phone: 0-18 201-48-25
President: Grzegorz Gago
President: Maria Łukaszczyk
Powiatowy Bank Spółdzielczy in Zamość
Podkarpacki Bank Spółdzielczy
22-400 Zamość, ul. Partyzantów 3a
38-500 Sanok, ul. Kościuszki 22
phone: 0-84 639-13-44, 638-54-49
phone: 0-13 465-58-31
President: Ewa Galan
President: Lesław Wojtas
Powiatowy Bank Spółdzielczy in Złotoryja
Podlaski Bank Spółdzielczy in Knyszyn
59-500 Złotoryja, Rynek 42
19-120 Knyszyn, ul. Jagiellońska 2
phone: 0-76 878-32-55, 878-55-20
phone: 0-85 716-70-16, 727-94-34
President: Mieczysław Leszczyński
President: Czesław Łotowski
Powiślański Bank Spółdzielczy in Kwidzyn
Powiatowy Bank Spółdzielczy in Janów Lubelski
82-500 Kwidzyn, ul. Kopernika 28
23-300 Janów Lubelski, ul. Wiejska 3
phone: 0-55 279-39-56, 279-36-03
phone: 0-15 872-04-15
President: Mirosław Potulski
President: Marian Zamojski
Rejonowy Bank Spółdzielczy in Bychawa
Powiatowy Bank Spółdzielczy in Kędzierzyn-Koźle
23-100 Bychawa, ul. Piłsudskiego 37
47-200 Kędzierzyn-Koźle, Rynek 6a
phone: 0-81 566-00-57, 566-00-18
phone: 0-77 406-11-88, 462-50-15
President: Elżbieta Janeczko
President: Stanisław Mroczko
Spółdzielczy Bank Ludowy in Olsztyn
Powiatowy Bank Spółdzielczy in Lubartów
10-117 Olsztyn, ul. 1-go Maja 13
21-100 Lubartów, ul. Lubelska 30 a
phone: 0-89 527-20-08, 527-39-48 535-07-52
phone: 0-81 855-25-51, 854-38-07
President: Jadwiga Kubas
President: Władysław Mikucewicz
Spółdzielczy Bank Powiatowy in Piaski
Powiatowy Bank Spółdzielczy in Opole Lubelskie
21-050 Piaski, ul. Lubelska 98
24-300 Opole Lubelskie, Stary Rynek 48
phone: 0-81 582-10-24, 582-11-98
phone: 0-81 827-22-09, 827-22-93
President: Roman Hrynkiewicz
President: Zbigniew Zegarski
Spółdzielczy Bank Rzemiosła i Rolnictwa
Powiatowy Bank Spółdzielczy in Sokołów Podlaski
05-200 Wołomin, ul. Wąska 18
08-300 Sokołów Podlaski, ul. Wolności 48
phone: 0-22 763-87-00, 763-087-01
phone: 0-25 781-27-98, 781-29-05
President: Jan Wincenty Bajno
President: Piotr Żebrowski
86
Bank Polskiej Spółdzielczości S.A., 9/11B Płocka Street, 01-231 Warsaw
District Court for the Capital City of Warsaw, XII Business Branch of the Domestic Registry Court KRS, number 0000069229
Tax Identity Number (NIP) 896-00-01-959, Share Capital and Paid-in Capital 133 246 777 PLN
2006

Raport Roczny Annual Report

Transcription

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