PKO BP and other banks take care of their clients’ savings. Further fees are charged at banks, and PKO BP additionally eliminates term deposits for corporate clients. Is this still the result of the coronavirus pandemic?
PKO BP takes care of clients’ savings
PKO BP and other banks have been hit hard by the coronavirus pandemic. Experts emphasize that the introduction of additional fees by PKO BP and other banks is caused by a sudden drop in profits and low profitability of the banking sector. What’s more, there are voices about the introduction of further fees by banks. Some of them resigned from free banking services and added a deposit fee.
PKO BP resigned from term deposits for medium and small enterprises. For now, it does not charge any additional fees or commission on deposits or current account balances from companies from the SME sector, but in the case of corporations the situation is completely different. At the end of the month, PKO BP charges a fee on high balances on savings and auxiliary accounts, which are kept in all currencies.
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PKO BP robs its clients by taking savings
PKO BP is not the only bank that has introduced new fees and is reaching out for its clients’ savings. Apart from PKO BP, fees are also introduced by mBank and ING BSK. Both of these banks decided to introduce deposit fees for clients from the SME and corporate sectors. Millenium, on the other hand, charges a fee from savings accounts kept in euro. Pekao, similarly to PKO BP, charges fees at the end of the month for high balances on savings accounts of companies. BNP Paribas, Alior, Citi Handlowy, Getin Noble and Idea Bank announce that they do not charge such fees, informs Rzeczpospolita.
PKO BP and other banks frustrate customers with their decisions. – It looks like most banks will be introducing fees on large corporate deposits. They can afford it, given the great liquidity in the sector, said Łukasz Jańczak, an analyst at Ipopema, in an interview with Rzeczpospolita. Krzysztof Moska, businessman and shareholder of many companies, believes that banks are punishing their customers with additional fees.
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