February 27, 2018 / 9:10 AM / 8 months ago

Poland's Pekao aims at 100 percent of profit dividend payout

WARSAW, Feb 27 (Reuters) - Pekao aims to spend 100 percent of its profits in 2017 and 2018 on dividends, Poland’s second biggest bank said in a presentation on Tuesday.

Pekao’s fourth quarter profit more than doubled to 1.05 billion zlotys ($310.70 million).

$1 = 3.3795 zlotys Reporting by Marcin Goclowski; writing by Agnieszka Barteczko; editing by Jason Neely

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