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The merger of Bank Zachodni WBK and Kredyt Bank registered

Warsaw, 4th January 2013. The merger of Bank Zachodni WBK and Kredyt Bank has been entered to the National Court Register. Hence, the merger of both banks is a fact. “To us, this is the beginning of the new road - the real test. The bigger and stronger Bank Zachodni WBK is facing adequately bigger and more ambitious market challenges” says Mateusz Morawiecki, president of Bank Zachodni WBK.

The relevant entry to the Register of Entrepreneurs in the National Court Register which states the merger of both banks, was made by the District Court for Wroc?aw- Fabryczna in Wroc?aw (6th Business Division). As a result of this decision, Bank Zachodni WBK became the legal successor and entered into all the rights and obligations of Kredyt Bank.

The merged Bank will operate under the name of Bank Zachodni WBK. As of 4 January this year, the name of “Kredyt Bank” will be used as a trademark for products and services offered by Bank Zachodni WBK. Legal changes arising from this decision do not require customers’ involvement or their visits to branches.

Agreements a party to which were existing customers of Kredyt Bank remain in force and do not need to be annexed. Bank account numbers do not change either and all the cards and PIN numbers remain active. The same rules will continue to underpin KB24 and KBNet electronic banking systems and infoline. “Kredyt Bank” customers will continue to be serviced as they are, i.e. in “Kredyt Bank” branded branches.

The integration of the merged banks has been spread into stages so that the process is in no way cumbersome for customers, while the necessary changes will be communicated by Bank Zachodni WBK to customers in advance. ”We are building a bank which aspires to become the first choice bank for Poles and create a new, better quality in the banking sector” highlights Mateusz Morawiecki, president of Bank Zachodni WBK. ”Not only do we want to ensure stability and security for our customers but we also want to offer such financial solutions which will make us positively distinct among our competitors. Grateful for the trust vested in us, I wish to express my belief that using products and services of bigger Bank Zachodni WBK will be a source of satisfaction and guarantee of professionalism for our customers” adds Morawiecki.

The merger of Bank Zachodni WBK and Kredyt Bank creates the third largest bank in Poland in terms of assets, credit book and deposits. Stronger Bank Zachodni WBK will have a network of ca. 1000 outlets and service 3.5m customers.

For more information, please contact:

Artur Sikora
Director
Corporate Communications and Marketing Area
Bank Zachodni WBK S.A.
Phone no: (+ 48 22) 586 8005;
e-mail: artur.sikora@bzwbk.pl

Rados?aw Ro?ycki
Press Office
Senior Press Officer
Bank Zachodni WBK S.A.
Phone no: (+48 22) 586 8002;
e-mail: radoslaw.rozycki@bzwbk.pl 

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