HSBC Bank Polska S.A.
offers Consumer finance
, Corporate banking
services in Poland
. Its headquarters are in Piłsudski Square
Polski Kredyt Bank S.A. joins the HSBC Group
On the 11 September 2003 the Polish Commission of Banking Supervision
announced its approval for the acquisition of Polski Kredyt Bank S.A.
from its parent, Kredyt Bank S.A.
and the granting of a new banking licence to the bank. HSBC agreed a price of approximately PLN31 million (approximately US$7.8 million), and renamed Polski Kredyt Bank S.A. as HSBC Bank Polska S.A. following completion.
Using Household International
’s established business model, HSBC offers unsecured loans
, credit cards
and affinity cards via relationships with retail partners, as well as through a network of Personal Banking branches, under the trading name of Beneficial Kredyt
. Other activities include affinity loans to members of carefully selected groups or companies, direct loans and the provision of payment protection insurance
Corporate banking and treasury
HSBC in Poland provides banking services to local subsidiaries of multinational
groups, major local corporates, both private and state owned, local financial institutions and HSBC Group
clients. HSBC is a member of the local high and low value clearing
systems, and is a market leader in the utilisation and application of advanced treasury products in Polish Zloty
and in all major currencies.