Annual Report 2022
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2022 Annual Report

2022 Annual Report of the Capital Group of Bank Handlowy w Warszawie S.A.

Kredyt handlowy

cco

Letter from the CEO

I’d like to invite you to reading the 2022 Annual Report of the Bank Handlowy w Warszawie S.A. Capital Group

Creating value for shareholders

record high net profit

1,569 bn

increase in revenues by

55% YoY

high cost effectiveness

37%

dividend yield at

11%

Net profit for distribution (PLN MM)

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Auditor’s Opinion

Sustainability

  • acquiring nearly 400 million of "green assets" in 2022 (realization of 38 % of the goal defined in the bank's strategy for 2022-2024 regarding PLN 1 billion in green assets
  • credit policy – incorporation of environmental and social factors in credit processes
  • reduction of own greenhouse gas emission in 2022 by 64% vs 2019 – realization of 100% of the goal defined in the bank's strategy for 2022-2024
  • support Ukraine - over 1,000 Citi volunteers, 3,500 hours, hundreds of projects, over 5 million zloty to support people in crisis
  • promoting and supporting employee initiatives - Citi Women Network, Disability Network, Citi Pride Network, charity activities or joint sports activities – Live Well at Citi
  • increase of volunteer involvement - in 2021 Citi Handlowy volunteers were involved in helping over 31 thousand times, despite the pandemic obstacles
  • presence in Diversity IN Check, 2022 Best Employers ranking by Forbes and TOP 50 Best Employers by WPROST
  • maintaining position of the leader of diversity - 60% of women in the Bank's Management Bodies (Managements Board and Supervisory Board), 51% of women in the managerial team
  • pay gap* ratio at 93%
  • presence in WIG-ESG index

* pay gap – the ratio of women's aggregate remuneration to the aggregate remuneration of men (aggregate remuneration for 2022 understood as annualized average revenue of employees working as at 31/12/2022 for 2022, converted to full-time equivalent, excluding employees on child care leave, unpaid leave and on long-term sick leaves as at 31/12/2022). This ratio calculated on the basis of basic salary is 94%.

Responsible business

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