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 ...

BANK POLSKA KASA OPIEKI SA ((PL:PEO)) has held its Q3 earnings call. Read on for the main highlights of the call. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, ...

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 ...

Polish bank Pekao, the country's second-biggest lender, said on Thursday that it will acquire Idea Bank, owned by one of the country's billionaires, which was placed under compulsory restructuring to ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...