We’ll send you a myFT Daily Digest email rounding up the latest European companies news every morning. The new state-run owner of Bank Pekao has pledged to maintain Poland’s second-largest bank’s ...
Nov 8 (Reuters) - Poland's second-biggest lender Pekao PEO.WA reported a net profit of 1.72 billion zlotys ($413 million) in the third quarter on Wednesday, beating estimates, after a loss a year ...
Polish Bank Pekao has signed a memorandum of understanding (MOU) with insurance company Powszechny Zakład Ubezpieczeń (PZU) on a potential merger between the two financial institutions. The financial ...
Poland's second-biggest lender, Pekao, expects its return on equity to reach 10% by 2024 and plans to spend 50%-75% of profits on dividend, the state-run bank said in its strategy update published on ...
When state-controlled Polish insurer PZU took over Bank Pekao from UniCredit in June last year, one of its first actions was to dispense with the services of the lender’s long-standing and ...
The chief executive of Poland's biggest insurer, PZU, is flying to Milan for talks on buying Poland's second-largest bank, Bank Pekao, from its owner, the Italian bank UniCredit. Two sources said on ...
Rating action follows the bank's acquisition of certain assets and liabilities of Idea Bank S.A. following its resolution Limassol, January 07, 2021 -- Moody's Investors Service ("Moody's") has today ...
WARSAW (Reuters) - Poland's second largest lender Bank Pekao is likely to pursue a merger with smaller rival Alior Bank but will delay publishing a recommendation on the tie-up until after June, two ...
Bank Polska Kasa Opieki SA engages in the provision of retail, corporate, and investment banking services. It operates through the following segments: Retail Banking, Private Banking, Corporate and ...
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