Bank Pekao S.A.
Migration weekend at Bank Pekao.
Details of implementation
Bank Pekao took over Idea Bank S.A. on January 3, 2021 as part of a forced restructuring process initiated by Bankowy Fundusz Gwarancyjny. The takeover concerned the whole enterprise and liabilities of Idea Bank S.A., with the exemptions specified in the decision.
Thus, the process of integration and preparation for the customer migration began. The approach adopted by Bank Pekao assumed transferring all data, including historical data and account numbers from the migrated Bank – such process had not been done before in the Polish market. Approximately 270,000 customers, including 220,000 corporate and 50,000 individual ones were to be migrated.
The scale and complexity of the project meant that the bank was looking for a technology partner to coordinate the technical aspects of the process, as well as develop tools to support the transformation and verification of the transferred data. It chose Asseco Poland to perform these tasks.
Bank Pekao is one of the largest financial institutions in the CEE region and the second largest universal bank in Poland with over PLN 250 billion in assets. It has the second largest branch network and serves over 6.1 million individual and business customers, including half of the companies in Poland. As part of its strategy, the bank has been intensively developing digital channels and implementing fast and convenient service processes.