Bank Pekao SA provides retail, corporate and investment banking services to individuals and corporate clients. It operates through the following business segments: Retail Banking, Private Banking, Corporate and Investment Banking, and Assets and Liabilities Management and Other. The Retail Banking segment covers all banking activities related to retail customers, small and micro companies with annual turnover not exceeding PLN 20 million, as well as results of the subsidiaries, and shares in net profit of associates accounted for using the equity method, that are assigned to the retail banking activity. The Private Banking segment is in charge of all banking activities related to individual customers. The Corporate and Investment Banking segment is involved with all banking activated related to the medium and large companies, interbank market, debt securities and other instruments, and results of the subsidiaries that are assigned to the corporate and investment banking activity. The Assets and Liabilities Management and Other segment represents the supervision and monitoring of fund transfers, other activities centrally managed as well as the results of subsidiaries and shares in net profit of associated accounted for using equity method that are not assigned to other reported segments. The company was founded on October 29, 1929 and is headquartered in Warsaw, Poland.