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Bank Polska Kasa Opieki SA (PEO.WA)

PEO.WA on Warsaw Stock Exchange

103.00PLN
11:03am EDT
Change (% chg)

-0.85zł (-0.82%)
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Thu, Jun 28 2018

Exclusive: Polish bank Pekao likely to propose merger with Alior - sources

WARSAW Poland's second largest 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 sources familiar with the matter said.

Poland's Bank Pekao Q1 net rises 12 pct, slightly above f'cast

WARSAW, May 10 Poland's Bank Pekao said on Thursday its first-quarter net profit rose 12 percent year-on-year to 392 million zlotys ($109.06 million) as a fast-growing economy encourages Poles to take loans, while pay rises contribute to increased deposits.

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