universal bank
A universal bank participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance.Carlo Tassara, the bank debuted on
Warsaw Stock Exchange
The Warsaw Stock Exchange (WSE), pl, Giełda Papierów Wartościowych w Warszawie, is a stock exchange in Warsaw, Poland. It has a market capitalization of PLN 1.05 trillion (EUR 232 billion; as of December 23, 2020).
The WSE is a member of th ...
in 2012 with an offering valued at 2.1 billion
Polish złoty
The złoty (; abbreviation: zł; code: PLN) is the official currency and legal tender of Poland. It is subdivided into 100 grosz (''gr'').Singular: ''grosz'', alternative plural forms: ''groszy'', ''grosze''. The widely recognised English form ...
, the highest in the exchange's history. In 2014, Alior's stock price became part of
WIG20
The WIG20 is a capitalization-weighted stock market index of the twenty largest companies on the Warsaw Stock Exchange. WIG is an acronym for "Warszawski Indeks Giełdowy", which translates to Warsaw Stock Index in Polish. However, so that no sect ...
index.
In 2013, the bank attracted controversy when its deputy president mentioned that the bank considers collecting
big data
Though used sometimes loosely partly because of a lack of formal definition, the interpretation that seems to best describe Big data is the one associated with large body of information that we could not comprehend when used only in smaller am ...
of its customers, pulling information from online social networks etc.
Since 2015, the bank commenced a series of mergers and acquisitions, most notably acquiring
Meritum Bank
Mera–Elzab Meritum – a family of Polish personal computers based on TRS-80 Model I with BASIC Level II. Manufactured in the 1980s by ''Mera–Elzab'' in cooperation with ''ITM'' company.
History
In the late 1970s and early 1980s, there was ...
(2015) and
Bank BPH Bank BPH (Bank Przemysłowo-Handlowy) was a Polish universal bank.
Until 2008, it was majority owned by UniCredit. In 2008, GE Money Bank took over 89% of shares and on 31 December 2009, Bank BPH merged with GE Money Bank Polska. At its peak, the b ...
(2016). In autumn 2014, Alior Bank purchased 97.9% of Meritum Bank. On 19 February 2015 the transaction was finished.
On June 23, 2015, the Polish Financial Supervision Authority authorized the merger of Alior Bank S.A. and
Meritum Bank
Mera–Elzab Meritum – a family of Polish personal computers based on TRS-80 Model I with BASIC Level II. Manufactured in the 1980s by ''Mera–Elzab'' in cooperation with ''ITM'' company.
History
In the late 1970s and early 1980s, there was ...
ICB S.A. by transferring all of Meritum Bank's assets to Alior Bank. The banks merged on October 24–26, 2015
In June 2015, State-controlled PZU, Poland's largest insurer agreed to buy a 25.3-percent stake in Alior Bank.
See also
*
List of banks
Lists of banks are contained in the following articles:
By continent
* List of banks in Africa – Each country in Africa has a list of banks operating in that country
* List of banks in Asia – Asia has a list of banks operating in that coun ...
*
List of banks in Poland
This is a list of banks operating in Poland, based on supervisory by Polish Financial Supervision Authority (Komisja Nadzoru Finansowego) and/or member of Polish Bank Association (Związek Banków Polskich)
Development bank
*Bank Gospodarstwa Kra ...