2010

16 Dec, 2010

Resignation of BZWBK Management Board Member (Current report no. 21/2010)

Bank Zachodni WBK S.A. (“the Bank”) hereby advises that on 16 December 2010 Mr. Jacek Marcinowski, a member of the Management Board of the Bank, tendered his resignation from the Management Board effective from 31 December 2010 in connection with his appointment as President of the Management Board of BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych S.A. effective from 1 January 2011.

Legal basis:

§5 section 1 point 21 of the Finance Minister's Ordinance of 19 February 2009 on current and financial reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of a non-member state.

15 Dec, 2010

Dates of publishing interim reports (Current report no. 20/2010)

Bank Zachodni WBK S.A. announces the following dates of publishing financial reports in 2011:

Unconsolidated annual report for 2010 - 2.03.2011
Consolidated annual report for 2010 - 2.03.2011
Consolidated quarterly report for Q1 2011 - 12.05.2011
Consolidated half-yearly report for the H1 2011 - 27.07.2011
Consolidated quarterly report for Q3 2011 - 9.11.2011

Additionally, BZ WBK advises that the published consolidated quarterly reports and the consolidated half-yearly report will include condensed quarterly financial information and condensed half-yearly consolidated financial statements.

Legal basis:

§ 103 section 1 of the Finance Minister's Ordinance of 19 February 2009 on current and financial reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of a non-member state.

07 Dec, 2010

Stepping down from Bank Zachodni WBK S.A. Management Board position (Current report no. 19/2010)

Bank Zachodni WBK S.A. (“the Bank”) would like to advise that on 6th December 2010 Mr Declan Flynn, the member of the Management Board of the Bank, submitted his decision to stand down from his position of the Management Board of the Bank from the 13th April 2011 (to be effective as of 13th April 2011), because of personal reasons.

Legal basis:

§5 clause 1 point 21 of the Ordinance of the Minister for Finance dated 19 February 2009 re: current and periodical information submitted by the issuers of securities and conditions of considering as equal the information required by the legal provisions of non-member country

22 Sep, 2010

Selection of an entity authorized to audit financial statements (Current report no. 18/2010)

Bank Zachodni WBK S.A. (“Bank”) would like to advise that on 22 September 2010, pursuant to §32 point 10 of the Bank’s Statutes and other regulations in force and industry standards, the Supervisory Board passed a resolution whereby KPMG Audyt Sp. z o.o. was selected to:

audit of 2010 Bank’s annual financial statement and 2010 consolidated financial statement of BZWBK Group

Key highlights about the auditor:
KPMG Audyt Sp. z o.o., ul. Chłodna 51, 00-867 Warsaw
Auditor accreditation: registered under number 458 on the list of entities authorized to audit financial statements.

The Bank availed of the services of KPMG Audyt Sp. z o.o. with regard to the audit of financial statements of the Bank and the Bank Group for the previous financial years. Also, within the scope permitted by law and internal policies aimed to ensure impartiality and independence of the auditor, the Bank availed of consultancy and tax advisory services provided by other companies from the KPMG Group.

The agreement between the Bank and KPMG Audyt Sp. z o.o. will be for a period necessary to audit financial statements.

Legal basis:

Legal basis: Art. 56, clause 1, point 2 of the Act on Public Offering.

15 Sep, 2010

Fitch Places Ratings for Bank Zachodni WBK S.A. on Rating Watch Positive (Current report no. 17/2010)

Fitch Ratings-London/Warsaw- 15 September 2010: Fitch Ratings has today placed the ‘BBB+’ Long-term Issuer Default (IDR), ‘F2’ Short-term IDR and ‘3’ Support rating for Poland-based Bank Zachodni WBK S.A. (BZ WBK) on Rating Watch Positive. The Support Rating Floor is affirmed at 'BB'. The above rating actions do not affect Individual rating for BZ WBK. For a full list of rating actions, please refer to the bottom of this rating action comment.

Today’s rating actions follow the announcement on 10 September 2010 that Allied Irish Banks p.l.c. (AIB, rated 'A-'/Stable/'F1') agreed to sell its 70.36% stake in BZ WBK to Banco Santander (Santander, rated 'AA'/Stable/'F1+'). The transaction is subject to regulatory and shareholder approval and is expected to be completed in 2011 which is when Fitch will resolve the RWP on BZ WBK’s ratings. Upon the completion of the transaction Fitch will base BZ WBK’s support rating and IDRs on support from the bank’s new parent, Santander. The Support Rating floor would be removed.

BZ WBK is Poland’s fifth-largest bank, with 512 branches and around 5% of sector assets at end-2009. Its core activities are retail and corporate banking, supported by leasing, asset management and brokerage subsidiaries. The bank’s IDRs are currently based on its standalone strength (as reflected in its Individual Rating) and its franchise has demonstrated its resilience through the deterioration in the operating environment in late 2008 and through 2009. Despite an inevitable weakening of asset quality and rising impairment charges, profitability remained sound in 2009. Its high exposure to the commercial property sector does not appear to present any major problems at this time. Liquidity is strong, with a loans-to-deposits ratio of 87% and a regulatory Tier 1 capital ratio of 12.3% at end-2009. Capitalisation is also solid – the bank’s Fitch eligible capital ratio was 14% at that date.

Rating actions taken today:

Long Term IDR 'BBB+' placed on RWP
Short Term IDR 'F2' placed on RWP
Support Rating '3' placed on RWP
Support Rating Floor affirmed at 'BB'

Contact:

Primary Analyst
Artur Szeski
Director
+48 22 338 6292
Fitch Polska S.A.
Zielna 37, 00-108 Warsaw, Poland

Secondary Analyst
Michal Bryks
Analyst
+48 22 338 6293

Committee Chairperson
James Longsdon
Managing Director
+44 20 7417 4309

Additional information is available at www.fitchratings.com It will open in a new window.
Related Research:
Global Financial Institutions Rating Criteria

Legal basis:

§5 clause 1 point 26 of the Finance Minister’s Ordinance of 19 February 2009 on current and periodic reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of non-member states

23 July, 2010

Registration of amendments to the Bank Zachodni WBK S.A. Statutes, as adopted by the Annual General Meeting of Bank Zachodni WBK S.A., in National Court Register (Current report no. 16/2010)

Bank Zachodni WBK S.A. advises that on 23 July 2010 it was informed that on 22 July 2010 the District Court for Wrocław-Fabryczna, VI Commercial Section of the National Court Register entered into the National Court Register the changes in the BZWBK Statutes approved by the Annual General Meeting of Shareholders on pril 2010. (ref. WR. VI Ns-Rej.KRS/10052/10/415).

Previous wording:

§1:
„§1. The name of the Bank is "Bank Zachodni WBK Spółka Akcyjna.”.

Amendment:

§1:
„§1. 1. The name of the Bank is "Bank Zachodni WBK Spółka Akcyjna”.
2. The Bank may use the short names "Bank Zachodni WBK S.A." and "BZ WBK S.A.”.

Previous wording:

§7 section 2 point 7:
- letter a) “a) perating brokerage activities and agency in operating brokerage activities, operating securities accounts and agency in selling units and investment certificates of investment funds,”;
- letter b) “b) providing agency and co-operation in obtaining loans and advances,”.

Amendment:

§7 section 2 point 7:
- letter a) “a) intermediation in brokerage business, maintenance of securities accounts,”;
- letter b) “b) intermediation and co-operation in obtaining loans and guarantees,”.

Amendment:

In §7 section 2 point 7 shall be followed by point 7a reading as follows:
“7a) performing activities, other than brokerage business, consisting in:

accepting and executing orders to purchase or sell the following non-publicly traded instruments: participations in undertakings for collective investments and non-treasury debt instruments issued under the Bonds Act or the Civil Code, including municipal bonds, corporate bonds and short-term debt instruments;
client trading in non-publicly traded securities;
proprietary trading in the securities issued by the State Treasury and the National Bank of Poland and in non-publicly traded instruments: securities, participations in undertakings for collective investments other than securities, money market instruments, derivatives, including options, forwards, swaps and contracts for difference;
providing investment advice on the securities issued by the State Treasury and the National Bank of Poland, including on non-publicly traded instruments: participations in undertakings for collective investments and securities;
offering securities issued by the State Treasury and the National Bank of Poland, including non-publicly traded instruments: participations in undertakings for collective investments other than securities, money market instruments, derivatives, including options, forwards, swaps, contracts for difference and securities including municipal bonds, corporate bonds and short-term debt instruments;
providing services under the existing agreements on underwriting for investment purposes or underwriting for distribution purposes as well as under other similar agreements relating to securities as defined by the Act on Trading in Financial Instruments, excluding the securities not covered by the Act on Public Offer and the Conditions for Admitting Financial Instruments to the Stock Exchange and on Publicly Traded Companies.”.

Amendment:

§19 shall be followed by §19a, which reads as follows:
„§19a. 1. A shareholder may participate in the General Meeting through electronic communication means.
2. The detailed rules of participation in the General Meeting through the electronic communication means shall be defined by the Management Board and the Terms of Reference of the General Meetings of Bank Zachodni WBK S.A.”.

Previous wording:

§32 point 10:
“10) appoint a chartered auditor to audit the financial statements of the Bank;”.

Amendment:

§32 point 10:
„10) appoint an entity authorized to audit the financial statements to perform audit services for the Bank;”.

Previous wording:

§46:
“§46 1. The reserve capital is created out of allocations from the after-tax profit, in an amount resolved by the General Shareholders’ Meeting.
2.The reserve capital is earmarked for covering balance sheet losses, should they exceed the supplementary capital, or for other purposes. Decisions on using the reserve capital are taken by the General Shareholders’ Meeting.”.

Amendment:

§46:
„§46. 1. The reserve capital is created out of allocations from the after-tax profit, in an amount resolved by the General Shareholders' Meeting, and from other sources.
2. The reserve capital is earmarked for covering balance sheet losses, should they exceed the supplementary capital, or for other purposes, particularly for dividend pay-outs. Decisions on using the reserve capital are taken by the General Shareholders’ Meeting.”.

Previous wording:

§47. section 1:
“1. The general risk fund for non-identified risks of banking operations is raised from after-tax profit allocations in the amount resolved by the General Shareholders’ Meeting.”.

Amendment:

§47. section 1:
“1. The general risk fund for non-identified risks of banking operations is raised and dissolved by virtue of the resolution passed by the General Shareholders' Meeting. The general risk fund is created out of allocations from the after-tax profit.”.

Full text of the amended Bank's Statutes is appended hereto.

Legal basis:

§38 section1 point 2 of Finance Minister Resolution of 19 February 2009 on current and financial information provided by securities issuers and conditions governing recognition of information required under regulations of a non-member state.

Statutes of Bank Zachodni WBK S.A. It will open in a new window
PDF 344 KB

09 June, 2010

Selection of an entity authorized to audit financial statements. (Current report no. 15/2010)

Bank Zachodni WBK S.A. (“Bank”) would like to advise that on 09 June 2010, pursuant to §32 point 10 of the Bank’s Statutes and other regulations in force and industry standards, the Supervisory Board passed a resolution whereby KPMG Audyt Sp. z o.o. was selected to:

- audit of Bank’s semi-annual financial statement and consolidated financial statement of BZWBK Group (H1 2010)

Key highlights about the auditor:
KPMG Audyt Sp. z o.o., ul. Chłodna 51, 00-867 Warsaw

Auditor accreditation: registered under number 458 on the list of entities authorized to audit financial statements.

The agreement between the Bank and KPMG Audyt Sp. z o.o. will be for a period necessary to audit financial statements.

Legal basis:

Art. 56, clause 1, point 2 of the Act on Public Offering

08 June, 2010

Dividend from Aviva Group companies

Bank Zachodni WBK S.A. as the shareholder of the Aviva Group companies, hereby advises that:

the Ordinary General Meeting of Shareholders of Aviva Powszechne Towarzystwo Emerytalne Aviva BZ WBK S.A. on 8 June 2010 agreed that a dividend would be paid out to its shareholders. As a result, Bank Zachodni WBK S.A. will receive the amount of PLN 20,312,070.95 from Aviva Powszechne Towarzystwo Emerytalne Aviva BZ WBK S.A. The dividend will be paid out on 10 June 2010.
the Ordinary General Meeting of Shareholders of Aviva Towarzystwo Ubezpieczeń na Życie S.A. on 8 June 2010 agreed that a dividend would be paid out to its shareholders. As a result, Bank Zachodni WBK S.A. will receive the amount of PLN 28,000,444.50 from Aviva Towarzystwo Ubezpieczeń na Życie S.A. The dividend will be paid out on 14 June 2010.

Legal basis:

Art. 56, clause 1, point 1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading and Public Companies.

12 May, 2010

Fitch Revises Bank Zachodni WBK’s Outlook to Stable; Affirms ‘BBB+’ IDR

Fitch Ratings-London/Warsaw- 12 May 2010: Fitch Ratings has revised Poland-based Bank Zachodni WBK's (BZ WBK) Outlook to Stable from Negative. Its ratings have been affirmed at Long-term Issuer Default (IDR) ‘BBB+’, Short-term IDR ‘F2’, Individual ‘C’ and Support ‘3’. The Support Rating Floor is affirmed at ‘BB’.

The Outlook revision reflects the resilience of BZ WBK’s profitability in a deteriorating operating environment. Although asset quality deteriorated significantly in late 2008 and throughout 2009, it remained manageable and better than the market average. Its exposure to the commercial property segment remains high, but downside appears limited due to gradual recovery of the real estate market in Poland. Further, the currency structure of its loan book (27% denominated in EUR and 7% in CHF) makes the bank less vulnerable to Polish zloty volatility than some of its peers.

In Fitch’s view, the planned change of ownership by majority shareholder, Allied Irish Banks, p.l.c. (AIB, rated ‘A-’/ Stable) is not likely to materially affect BZ WBK’s business during the transition period. Fitch notes that speculation about the disposal prior to the announcement had not impacted the bank’s franchise, with the customer and deposit base remaining stable.

Potential support for BZ WBK from AIB cannot be relied upon given the latter’s weak Individual ‘D/E’ rating and its planned disposal of the Polish subsidiary. The Polish bank’s Support Rating of ‘3’ reflects Fitch’s view of the moderate probability of support that could be available for BZ WBK from the Polish state (‘A-’/Stable /‘F2’), in case of need. When a prospective buyer for AIB’s stake is selected, Fitch will review BZ BWK’s IDRs to reflect the agency’s view on the strength of support available to BZ WBK from the new support provider.

BZ WBK is Poland’s fifth-largest bank, with 512 branches and around 5% of sector assets at end-2009. It is 70.4%-owned by AIB. Core activities are retail and corporate banking, supported by leasing, asset management, and brokerage subsidiaries; stakes in Polish insurance companies controlled by Aviva, including two joint ventures; and a 10% participation in Poland’s largest pension fund.

In Fitch's rating criteria, a bank's standalone risk is reflected in Fitch's Individual ratings and the prospect of external support is reflected in Fitch's Support ratings. Collectively these ratings drive Fitch's Long- and Short-term IDRs.

Applicable criteria, ‘Global Financial Institutions Rating Criteria’, dated 29 December 2009, are available at www.fitchratings.com.

Contact: Artur Szeski, Warsaw, Tel: +48 22 338 6292; Michal Bryks, +48 22 338 6293.

Additional information is available at www.fitchratings.com.

26 Apr, 2010

Current report no. 12/2010

Bank Zachodni WBK S.A. announces that the publishing of the consolidated quarterly report 1 Q 2010 (indicated in current report No 25/2009) has been rescheduled from 13 May 2010 and shall take place on 30 April 2010.

Legal basis:

section 103. 2 of the Ordinance of the Council of Ministers of 19 January 2009 on current and interim information provided by issuers of securities (Journal of Laws from 2009, no 33, item 259).

21 Apr, 2010

AGM of BZWBK S.A. - list of shareholders with a block of shares in excess of 5%. (Current report no. 11/2010)

Bank Zachodni WBK S.A. hereby advises that at the Annual General Meeting of the BZ WBK Shareholders held on 21st April 2010, AIB European Investments Ltd. based in Dublin was the only shareholder with at least 5% of the total voting power. The shares held by AIB European Investments Limited carried 51,413,790 votes, which constituted 94% votes on this Meeting and 70,4% total votes.

Legal basis:

article 70 point 3 of the Act of 29 July 2005 on public offering and terms&condition of introducing financial instruments to the organizes trading system and on public companies

21 Apr, 2010

Appointing members of the Supervisory Board. (Current report no. 10/2010)

Anne Marie Maher:

Education:
Ursuline Convent, Waterford , Ireland where Intermediate Certificate and Leaving Certificate were Passed with Honours. University College Dublin where Batchelor of Civil Law was awarded.

Qualifications:

1965: Bachelor of Civil Law (National University of Ireland). 1990: Fellow of the Irish Institute of Pensions Managers.

Employment History:

1965-1967: Legal Documentation Assistant at the Phoenix Assurance Company Limited, London.
1967 – 1970: Head of Pensions Documentation at New Ireland Assurance Company Limited, Dublin.
1970 -1996; Various positions with final position being Associate Director, Corporate Business at Irish Life Assurance plc, Dublin.
1996 – 2006: Chief Executive Officer at The Pensions Board, Dublin.

Current Position in the Industry: Non-Executive Director of Allied Irish Banks p.l.c., Irish Airlines Pensions Limited, Retirement Planning Council of Ireland, Allied Irish Banks Pensions Limited and AIB DC Pensions (Ireland) Limited. Chairman of the Irish Medical Professional Competence Steering Committee. Governor of The Pensions Policy Institute (UK). Member of the FTSE Policy Group (UK).

Anne Marie Maher conducts no operations that would be competitive to BZWBK SA. She is not listed in the Register of Insolvent Debtors kept pursuant to the National Court Register Act (KRS).

Piotr Partyga, age: 44

Education:
Sivilekonom in Norges Handelshoyskole (NHH), Bergen (Norway) Harvard Advanced Leadership Program

Employment history:

since 2003 – President of the Management Board/Owner of ARETES Consultants HR consulting and angel investments
1999 – 2003 – Partner in Signium International HR consulting
1995 - 1999 – Investment Director with Creditanstalt-SCG (NFI Hetman) CEO of the Morliny Group, founder of the construction materials sector
1994 – 1995 – Financial analyst and controller with Orkla Media (Oslo)

Former Member of the Supervisory Board in the following companies:
Onet.pl SA, ZM Morliny SA, ZM Ostrołęka SA, ZM Przylep SA, ZPOW Owintar Sp. z o.o., WPS Strunbet SA, HSO Szczakowa SA, FD Kowary SA, GPZSO Jaro SA, PZZ Bydgoszcz SA, ZTD Dekora SA, PPB Prefabet-Kozienice SA, KSM Surmin-Kaolin SA, Gozdnickie Zakłady Ceramiki Budowlanej Sp. z o.o., Telesto Sp. z o.o.

Piotr Partyga conducts no operations that would be competitive to BZWBK SA. He is not listed in the Register of Insolvent Debtors kept pursuant to the National Court Register Act (KRS).

Legal basis:

§5 clause 1 point 22 of the Finance Minister's Ordinance of 19 February 2009 on current and periodic reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of non-member states

21 Apr, 2010

Resolution of the General Meeting of Shareholders re. dividend payment (Current report no. 9/2010)

Bank Zachodni WBK S.A. (‘the Bank’) hereby advises that the Resolution of the General Meeting of Shareholders, held on April 21, 2010, made a decision on dividend payment.

PLN 292 304 052.00 of the Bank’s net profit from 2009 will be allocated for dividend to shareholders. The number of shares eligible for the dividend is 73 076 013 (say: seventy three million seventy six thousand and thirteen).

Dividend per share is PLN 4.

The dividend registration day is 7 may 2010 and the dividend will be paid on 21 may 2010

Legal basis:

§ 38 sec. 2 of the Ministry of Finance ordinance dated February 19, 2009 re. current and financial reporting by securities issuers and conditions for treatment as equivalent of information provided under law of non-member states.

21 Apr, 2010

Resolutions of the Annual General Meeting of BZ WBK Shareholders (Current report no. 8/2010)

Bank Zachodni WBK hereby announces the contents of the resolutions adopted by the AGM on 21th April 2010.

By virtue of Resolution Mr Sławomir Pajewski was elected Chairman of the AGM.

Resolutions of the Annual General Meeting of BZ WBK Shareholders It will open in a new window
PDF 350 KB

19 Apr, 2010

Zachodni WBK S.A. (Current report no. 7/2010)

Bank Zachodni WBK S.A. (the "Bank") hereby presents the amended wording of the draft resolutions for items 12 and 13 of the agenda for the Annual General Meeting, relating to the proposed changes in the Bank's Statutes. The amendments were made in §7 section 2 point 7 letter a) of the Statutes.

The existing wording of §7 section 2 point 7 letter a):
“a) conduct of the brokerage business and intermediation in brokerage business, maintenance of securities accounts and agency in selling units and investment certificates of investment funds,”.

Proposed wording of §7 section 2 point 7 letter a):
“a) intermediation in brokerage business, maintenance of securities accounts,”;

As a result of the amendments, the Notice of the General Meeting published on the Bank's website will change accordingly.

Information on the Annual General Meeting was communicated in the Bank's current report no. 04/2010.

AGM 2010 It will open in a new window
PDF 200 KB

01 Apr, 2010

FITCH: AIB PLAN TO SELL BANK ZACHODNI STAKE HAS NO IMMEDIATE RATING IMPACT (Current report no. 6/2010)

Fitch Ratings-London/Warsaw-31 March 2010: Fitch Ratings says today that Allied Irish Banks' (AIB, 'A-'/Stable Outlook/'F1') plan to sell its 70.4% stake in Poland-based Bank Zachodni WBK (BZ WBK, 'BBB+'/Negative Outlook/'F2') will have no immediate impact on BZ WBK's ratings.

BZ WBK's current Issuer Default Ratings (IDRs) are based on the standalone strength of the bank as indicated by its Individual Rating of 'C'. The Polish bank's Support Rating of '3' reflects Fitch's view of the moderate probability of support that could be available for BZ WBK from the Polish state ('A-'/Stable Outlook/'F2'), in case of need.

When a prospective buyer for AIB's stake is selected, Fitch will review BZ BWK's IDRs to reflect the agency's view on the strength of support available to BZ WBK from the new support provider. In Fitch's rating criteria, a bank's standalone risk is reflected in Fitch's Individual ratings and the prospect of external support is reflected in Fitch's Support ratings.

Collectively these ratings drive Fitch's Long- and Short-term IDRs. Applicable criteria, 'Global Financial Institutions Rating Criteria', dated 29 December, 2009, are available on Fitch's website at www.fitchratings.com.
Contacts: Artur Szeski, Warsaw, Tel: +48 22 338 6292; Michal Bryks, +48 22 338 6293.

Media Relations: Malgorzata Socharska, Warsaw, Tel: +48 22 338 62 81, Email: malgorzata.socharska@fitchratings.com; Hannah Warrington, London, Tel: +44 (0) 207 417 6298, Email: hannah.warrington@fitchratings.com.

Additional information is available at www.fitchratings.com. Related Research: Global Financial Institutions Rating Criteria https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=493146 ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK:https://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Legal basis:

§ 5 clause 1 point 26 of the Finance Minister's Ordinance of 19 February 2009 on current and periodic reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of non-member states.

30 Mar, 2010

Draft resolutions to be considered by the Annual General Meeting of Bank Zachodni WBK S.A. (Current report no. 7/2010)

Proposed wording of §7 section 2 point 7 letter a):
“a) intermediation in brokerage business, maintenance of securities accounts,”;

As a result of the amendments, the Notice of the General Meeting published on the Bank's website will change accordingly.

Information on the Annual General Meeting was communicated in the Bank's current report no. 04/2010.

AGM 2010 It will open in a new window
PDF 200 KB

25 Mar, 2010

Convening the Annual General Meeting of Shareholders and providing the draft resolutions that will be considered by this Meeting. (Current report no. 4/2010)

The Management Board of Bank Zachodni WBK S.A. hereby provides the information contained in the notice of the Annual General Meeting of Shareholders of Bank Zachodni WBK S.A. and the draft resolutions with their appendices that will be considered by this Meeting.

Bank Zachodni WBK S.A. with its registered office address at Rynek 9/11, 50–950 Wrocław, entered in the Business Register of the National Court Register maintained by the District Court for Wrocław-Fabryczna, VI Commercial Division, under KRS no. 0000008723 on 27 April 2001 (the "Bank"), acting pursuant to art. 399§1 of the Commercial Companies Code, hereby announces that the Annual General Meeting of Bank Zachodni WBK S.A. will take place on 21 April 2010 at 10:00 in Wrocław in Mercure-Panorama at pl. Dominikański 1, conference room on the first floor.

AGM 2010 It will open in a new window
PDF 425 KB

17 Mar, 2010

List of information published in 2009 (Current report no. 3/2010)

Bank Zachodni WBK Management Board informs that the Bank published the following Reports in 2009 (no. of report, subject, publishing date):

CURRENT REPORTS

01/2009 – Purchase of shares and registration of the Bank Zachodni WBK new subsidiary; 15-01-2009
02/2009 - Fitch reduced rating for Bank Zachodni WBK S.A.; 15-01-2009
03/2009 - Fitch lowered the outlook for BZ WBK to Negative and support rating to 3; 13-02-2009
04/2009 – Adjustment of current report no. 4/2009 of 23.02.2009; 24-02-2009
04/2009 – Transfer of ownership title to shares within BZ WBK Group; 23-02-2009
05/2009 – Adjustment of the consolidated quarterly report for Q2 2009; 02-03-2009
06/2009 – Decision not to submit the consolidated quarterly report for Q2 2009; 16-03-2009

07/2009 - Convening the AGM of Bank Zachodni WBK; 17-03-2009
08/2009 - List of information published in 2008; 20-03-2009
09/2009 – Draft resolutions for Bank Zachodni WBK AGM; 08-04-2009
10/2009 – Resolutions adopted at Bank Zachodni WBK AGM; 21-04-2009
11/2009 – Resignation of the Supervisory Board Member of Bank Zachodni WBK; 21-04-2009
12/2009 – New term of office of Bank Zachodni WBK Management Board; 21-04-2009
13/2009 - BZ WBK AGM – list of shareholders with a shareholding in excess of 5%; 21-04-2009
14/2009 - entering amendments to BZ WBK Statutes adopted by the AGM to the National Court Register; 26-05-2009
15/2009 – End of subscription of H shares issued in relation to the Incentive Scheme; 10-06-2009
16/2009 – Dividend from Aviva Group companies; 23-06-2009
17/2009 – Appointment of an entity eligible to audit financial statements; 24-07-2009
18/2009 – Admission of shares to trading on the market of official exchange quotations and setting the first quotation date after assimilation; 08-07-2009
19/2009 – Registration of securities deposited with the National Depository for Securities; 08-07-2009
20/2009 – Taking up the Bank’s shares by the Management Board Members under the Incentive Scheme 2006; 15-07-2009
21/2009 – The Court registration of the change in the Bank’s share capital and the consolidated text of the Bank’s Statutes; 10-09-2009
22/2009 – The Court registration of the change in the Bank’s share capital and the consolidated text of the Bank’s Statutes; 25-09-2009
23/2009 – Change in the date of publishing the report for Q3 2009; 23-10-2009
24/2009 – Information on selling Bank Zachodni WBK shares; 19-11-2009
25/2009 – Dates of submitting periodic reports; 21-12-2009

PERIODIC REPORTS

Consolidated expanded quarterly report for Q4 2008 (QSr 4/2008); 02-03-2009
Annual single report for 2008 (R 2008); 02-03-2009
Consolidated annual report for 2008 (RS 2008); 02-03-2009
Consolidated expanded quarterly report for Q1 2009 (QSr 1/2009); 14-05-2009
Consolidated expanded semi-annual report for H1 2009 (PSR 2009); 05-08-2009
Consolidated expanded quarterly report for Q3 2009 (QSR 3/2009); 12-11-2009

Original copies of the reports are kept at Bank Zachodni WBK in Poznań, plac Andersa 5, 13th floor.
The current and periodic reports are available at www.bzwbk.pl

Legal basis:

Art. 65 sec. 1 of the Offering Act - list of published information

03 Mar, 2010

Proposed dividend (Current report no. 2/2010)

Bank Zachodni WBK S.A. hereby advises that the Bank’s Management Board and the Supervisory Board have proposed to:

allocate PLN 292 304 052,00 of the Bank’s net profit for 2009 to dividend payment, which means that the proposed dividend per share will amount to PLN 4,00,
set 7 May 2010 as the Dividend Date and 21 May 2010 as the Dividend Payment Date.

The Management Board and the Supervisory Board will present this proposal along with the recommendation to the Annual General Meeting of the Bank’s Shareholders.

Legal basis:

§38 clause 1 point 11 of the Finance Minister's Ordinance of 19 February 2009 on current and periodic reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of non-member states

28 Jan, 2010

Current report no.1/2010

Bank Zachodni WBK S.A. announces that the publishing of the annual report for 2009 and consolidated annual report for 2009 (indicated in current report No 25/2009) has been rescheduled from 3 March 2010 and shall take place on 2 March 2010.

Legal basis:

section 103. 2 of the Ordinance of the Council of Ministers of 19 January 2009 on current and interim information provided by issuers of securities (Journal of Laws from 2009, no 33, item 259)