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 institutes 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’. 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 to be 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.
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 lists measuring Gross Domestic Products and purchasing power, as well as on 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. The three main rating agencies all currently give Poland an Investment Grade Rating ‘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.
Interest payout possible
Deposits with Alior Bank are fully protected for amounts up to the equivalent of 100,000 Euros 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 Polish citizens. Polish national debt, currently at 51% of GDP (as of 2014), is significantly lower than other central European states, including Germany (with a national debt of 75% of GDP). 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.
- Open a Raisin Account with Keytrade Bank via www.raisin.com. To successfully open the account please complete the registration process online. Additionally, we will ask you to provide a copy of a valid ID document and transfer 10 cent to Keytrade from your personal account that was specified during registration. You will then receive your personal login details by post and will be able to transfer funds to your Raisin Account.
- You will then be able to choose a deposit product from one of our partner banks in Raisin’s Online Banking System and submit the required documents. The opening of the deposit account as well as the transfer of funds to the partner bank occurs automatically. All important documents will be posted to your electronic mailbox in the Online Banking System.
- At the end of the agreed term, the partner bank will transfer the funds including accrued interest (less withholding tax) back to your Raisin Account unless you choose to prolong your term deposit, which you can easily arrange in the Raisin Online Banking System. Please note that you will only be able to prolong your term deposit.
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.