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WARSAW, March 15 Pekao, Poland's No.2
lender, reported a 2-percent rise in 2012 earnings, although the
figure suggested a drop in the final three months because of
economic slowdown that forced it to take higher provisions for
The Polish unit of Italy's UniCredit said its net
profit rose to 2.96 billion zlotys ($925 million) compared to
2.95 billion expected by analysts.
According to Reuters calculations, earnings in the fourth
quarter fell to 743 million zlotys.
Pekao also said it planned a dividend of 8.39 zlotys per
share, or 75 percnet of its last year's earnings.
($1 = 3.2012 Polish zlotys)
(Reporting by Chris Borowski; Editing by Adrian Krajewski)