All Offers from Alior Bank
1.03 %
3 years EUR Go to offer
0.94 %
2 years EUR Go to offer
0.90 %
1 year EUR Go to offer
0.75 %
6 months EUR Go to offer
Alior Bank

Alior Bank is a Polish retail bank with headquarters in Warsaw. Since its foundation in 2008, the number of customers has risen to over 3 million. With 6,500 employees and an extensive retail network consisting of 216 branches, 219 modern mini branch locations (Alior Bank Express), as well as 414 partner branches, Alior Bank is considered one of the most innovative and fastest growing financial institutions in Poland. Numerous awards serve as testament to Alior’s success, including ‘Best European Retail Bank 2014’, selected by the jury at ‘Retail Banker International Awards’. Other such examples include ‘Best Bank in Poland 2014’, awarded by Global Finance, and the ‘BAI-Finacle Global Banking Innovation Award 2013’.

In December 2012, Alior Bank made history with the largest IPO of a private company ever made on the Warsaw Stock Exchange. Since March 2014, the bank has been listed on the WIG20 Index, which lists the twenty largest Polish companies on the Warsaw Stock Exchange in terms of market capitalization.

About Poland

The Republic of Poland is located in central Europe and has been a member of the European Union since 2004. The national currency is Zloty (PLN). Poland consistently ranks in the top tier of countries in terms of Gross Domestic Products and purchasing power in the European Union, as well as of the Human Development Index. National debt is amongst the lowest in the European Union and is, as an example, considerably lower than German national debt. Two of three of the main credit rating agencies set Poland’s credit rating at ‘A’. Ongoing privatization, foreign investment, and major reforms have all fundamentally reshaped the Polish capital market and have helped to create a modern banking system.

Country rating  A2
Moody's, As of October 21, 2016
Interest Information
Effective rate
0.94 % p.a.
Nominal rate
0.95 % p.a.
2 years (No automatic renewal)
Early termination possible anytime
Interest in case of early termination
Interest rate p.a. (Before withholding tax)
< 180 days
0.00 %
> 180 days
0.50 %
2 years
0.95 %
Interest payout
At maturity
Interest taxation
At maturity
Important information
The interest rate (0.95%) is nominal. Interest is paid (2 x 0.95%) only at the end of the term of the deposit and without compound interest calculated. This corresponds to an effective interest rate of around 0.94% p.a.
Product Details
Deposit guarantee
100 % – Deposit guarantee Poland
Min/Max investment amount
10,000 - 100,000  EUR
Prolongation is only possible 28 to 5 days before termination
100% online
Prolongation Possible
Interest payout possible
Withholding tax
The standard withholding tax rate on interest in Poland is 19%. This can usually be lowered by providing the bank with a certificate of tax residence. The exact withholding tax rate will depend on your country of residence.
Additional documents
In order to open a deposit account, Alior Bank requires no additional documents other than the ones requested by Raisin during the application process. Customers who have previously opened a savings account with Alior Bank will not be required to provide further documentation. The process can be completed entirely online.
Deposit Gurantee at Alior Bank

Deposits with Alior Bank are fully protected for amounts up to the equivalent of EUR 100,000 in Polish Zloty by the Deposit Guarantee Scheme of Poland (Bankowy Fundusz Gwarancyjny), backed by the Polish state. This protection covers the deposits of all individuals, not just those of Polish citizens. Polish national debt, currently at 51% of GDP (as of 2015), is significantly lower than of other central European states, including Germany with a national debt of 71% of GDP (as of 2015). Further information about the Deposit Guarantee Scheme in Poland can be found at http://www.bfg.pl/en.

All Member States of the European Union have agreed on the need to better protect savers. Throughout Europe, the minimum requirements for national Deposit Guarantee Schemes were harmonized a number of years ago (EU Directives 94/19/EC, 2009/14/EC, and 2014/49/EU). These Directives provide a standardized, high level of protection of deposits across the EU regulating, among other things, repayment modalities and repayment deadlines.

Alior Bank SA with its seat at ul. Łopuszańska 38d, 02-232 Warsaw, Poland is registered with the National Court Register under no. (KRS): 0000305178. Alior Bank SA is authorized and regulated by Polish Financial Supervision Authority.
Your eligible deposits with Alior Bank SA are protected up to a total of EUR 100,000 by the Polish deposit protection scheme (http://www.bfg.pl/en). Any deposits you hold above the EUR100,000 limit are not covered. This communication has been authorized by Alior Bank SA.