GDANSK (Reuters) -Pekao recommended a record-high dividend for 2023 on Thursday as Poland's second-biggest bank reported a 95% jump in fourth-quarter net profit driven by higher mortgage lending and ...

Poland's Bank Pekao saw a 27% drop in Q1 profit due to higher taxes, costs and provisions, but its earnings beat analyst ...

BANK POLSKA KASA OPIEKI SA engages in the provision of retail, corporate and investment banking services. It operates through the following business segments: Retail Banking, Small and Medium Scale ...

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 ...

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 ...

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 ...

Bank Pekao SA, a Polish state-controlled lender, pledged to stick to its strategy through next year after an upheaval in management, with the acting chief executive officer expressing “great interest” ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland’s second-biggest bank, Pekao SA, said on Thursday that it was planning to cut around 1,000 staff by the ...

Dec 31 (Reuters) - Polish bank Pekao (PEO.WA), opens new tab, the country's second-biggest lender, said on Thursday that it will acquire Idea Bank (IDE.WA), opens new tab, owned by one of the ...

Bank Pekao reported a 27% year-on-year fall in first-quarter net profit to 1.23 billion zlotys, weighed by higher taxes, costs, and provisions, but still exceeded analyst estimates. Strong loan growth ...