March 5, 2020 / 4:52 PM / a month ago

BRIEF-Pekao Receives Recommendations Regarding 2019 Dividend Payment

March 5 (Reuters) - Bank Polska Kasa Opieki SA:

* RECEIVES FROM POLAND’S KNF INDIVIDUAL RECOMMENDATION TO INCREASE OWN FUNDS BY WITHHOLDING AT LEAST 25% PROFIT FOR 2019

* KNF ALSO CONFIRMS BANK MEETS CRITERIA FOR PAYING DIVIDEND FROM UP TO 75% OF 2019 PROFIT ON BOTH STANDALONE AND CONSOLIDATED LEVEL

* KNF ALSO CONFIRMS BANK DOES NOT MEET CRITERIA TO PAY UP TO 100% DIVIDEND FROM 2019 PROFIT ON STANDALONE AND CONSOLIDATED LEVEL Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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