Assessment of activity of Alior Bank Group
In 2019, Alior Bank Group achieved return on equity (ROE) at 3.8% and Cost/Income ratio at 43%.
The level of the financial result was affected by activities aimed at improving the Bank’s situation in the risk management area, reflected in higher impairment of loan exposures.
In addition to the completed review of the loan portfolio, of particular note is continued and consistent optimisation of the structure of the loan portfolio (continued development of lease and loans provided in the MICRO/SME segment with significant share of BGK’s guarantees) as per strategic assumptions. This allowed us to further strengthen the equity position of the Bank.
The Management Board considers successful the changes made in 2019. In the Management Board’s view, they were necessary to ensure future growth to the Bank and to achieve its ambitious goals to be adopted in a new strategy.
Engrossed in
Reading Academy
In 2019, 82 our employees took part in fairytale therapy training and received Fairytale Educator certificates. These people regularly visit hospitals where they conduct fairytale therapy activities for children – in addition to reading fairy tales, they discuss school required reading, teach classes, play games, and just spend time with the patients. Our volunteers took part in the Polish Language Capital Festival sponsored by Alior Bank.
Engrossed in
Reading Academy
During the Festival, they conducted, together with Foundation members, fairytale education activities and workshops for the youngest festival participants, as well as educational activities for their parents. The activities took place every day for 6 days. The Foundation delivers 50 hours of fairytale therapy a week throughout Poland, with the audience of about 13,000 children.
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