| Headline: Poland Source: Euromoney Date: July 2001 Best Bank: Bank Pekao SA Best debt house: Bank Handlowy/Citigroup Best equity house: BRE Bank Best M&A house: CSFB
But it is partly because of Pekao’s strong coverage – a network of 800 branches that earns it the second-highest market share, 19%, after PKO the savings bank with 24% – that the bank wins our award. Although BRE equipped with 25 branches shines with larger corporates clients, Pekao is unchallenged in servicing higher-margin SME businesses across the country. It holds 11.4% of Poland’s corporate deposits, and 14% of retail deposits. BRE, by contrast has only started its retail operation in November 2000 with the launch of Poland’s first virtual bank – mBank. | ||||||||||||||||||||||||||||||||||||||||||