PKO BP regains 40pct share of mortgage loan market
May 22, 2014
Poland's top bank PKO BP is an unchallenged leader of mortgage lending, with its March sales at PLN 1.285 billion twice as high as those of the second player Pekao and higher than the sum of sales by the top five banks besides itself.
PKO BP hasn't had such an advantage over its rivals since the crisis year 2009, when the bank held an over 40% share in this market segment. With the March result PKO BP has again reached 40% of a market now worth PLN 3.2 bln.
The ranking of mortgage sales underwent two significant changes in March - Getin Noble Bank fell out of the top six mortgage lenders, while Deutsche Bank fell to that sixth spot off the podium.