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Bank Polska Kasa Opieki SA (PEO.WA)

PEO.WA on Warsaw Stock Exchange

112.00PLN
22 Jan 2019
Change (% chg)

-3.30zł (-2.86%)
Prev Close
115.30zł
Open
113.00zł
Day's High
113.75zł
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111.75zł
Volume
1,503,890
Avg. Vol
747,072
52-wk High
141.35zł
52-wk Low
97.30zł

Latest Key Developments (Source: Significant Developments)

Pekao: KNF Agrees To Include Series B Bonds To Bank's Tier II Ratio
Monday, 19 Nov 2018 

Nov 19 (Reuters) - BANK POLSKA KASA OPIEKI SA ::POLAND'S POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) AGREES TO QUALIFY BANK'S 1,100 SERIES B SUBORDINATED BONDS OF TOTAL NOMINAL VALUE OF 550 MLN ZLOTYS TO ITS TIER II CAPITAL RATIO.SAYS AS RESULT OF INCLUDING SERIES B AND C BONDS TO BANK'S TIER II CAPITAL, TOTAL CAPITAL RATIO (TCR) WILL INCREASE BY ABOUT 0.6 PERCENTAGE POINT.  Full Article

Poland's Pekao CEO sticks to forecast for double-digit rise in 2018 net profit
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Bank Polska Kasa Opieki SA ::Poland's Pekao CEO says maintains forecasts for double-digit rise in 2018 net profit."We are maintaining the forecast of double-dight growth in net profits for 2018," says Pekao CEO Michal Krupinski, adding that this assumption excludes the Pioneer mutual fund stake takeover conducted last year .  Full Article

Pekao To Issue 750 Mln Zlotys Of Subordinated Bonds
Thursday, 4 Oct 2018 

Oct 5 (Reuters) - BANK POLSKA KASA OPIEKI SA ::SAID ON THURSDAY IT HAS RESOLVED TO ISSUE SERIES B AND C OF SUBORDINATED BONDS WITH TOTAL NOMINAL VALUE OF 750 MLN ZLOTYS.ISSUE DATE WAS SET FOR OCT 15.TOTAL NOMINAL VALUE OF 10-YEAR SERIES B BONDS IS 550 MLN ZLOTYS AND 15-YEAR SERIES C BONDS IS 200 MLN ZLOTYS.SAYS AFTER OBTAINING APPROVAL OF POLISH FINANCIAL SUPERVISION AUTHORITY (KNF), THE BONDS WILL BE CLASSIFIED AS TIER 2 INSTRUMENTS.  Full Article

Pekao Plans To Issue Bonds Of Nominal Value Of Up To 1.50 Bln Zlotys
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - BANK POLSKA KASA OPIEKI SA ::ITS MANAGEMENT AGREES TO ISSUE SUBORDINATED BONDS OF TOTAL NOMINAL VALUE NOT BIGGER THAN 1.50 BILLION ZLOTYS.EACH BOND WILL HAVE THE NOMINAL VALUE OF 0.5 MILLION ZLOTYS.AFTER THE POLISH FINANCIAL SUPERVISION AUTHORITY APPROVAL, THE BONDS TO BE QUALIFIED AS TIER II INSTRUMENTS.PLANS TO ISSUE BONDS IN OCT. 2018, IN ONE OR MORE SERIES, SAYING THE DATE IS SUBJECT TO BOND MARKET CONDITIONS.  Full Article

Polish bank Pekao plans to spend 100 pct of 2018 profit as dividend - CEO
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Bank Polska Kasa Opieki SA ::POLAND'S PEKAO CEO SAYS UPHOLDS PLAN TO SPEND 100 PERCENT OF 2018 NET PROFIT ON DIVIDEND AFTER THE BANK ENDED TALKS ON ITS POSSIBLE MERGER WITH SMALLER RIVAL ALIOR BANK <<>>nL5N1UZ0ZU."WE UPHOLD OUR DECLARATION REGARDING THE POSSIBILITY TO PAY OUT A DIVIDEND EQUAL TO 100 PERCENT OF THIS YEAR'S PROFIT," MICHAL KRUPINSKI TOLD A PRESS CONFERENCE ON WEDNESDAY. .  Full Article

Poland's Pekao may reduce headcount by 1,000 employees this year
Thursday, 10 May 2018 

May 10 (Reuters) - Bank Polska Kasa Opieki SA ::POLAND'S PEKAO DEPUTY CEO SAYS COST SAVINGS, VOLUNTARY REDUNDANCIES WILL ALLOW TO CUT NUMBER OF EMPLOYEES BY 1,000 THIS YEAR.POLAND'S PEKAO CEO SAYS DECISION ON WHETHER TO MERGE WITH ALIOR BANK SHOULD BE TAKEN BY Q2 END.  Full Article

Poland's Pekao to earmark 90 pct of profit for dividends

WARSAW, Nov 19 Poland's leading lender, state-run Bank Pekao SA, plans to earmark at least 90 percent of its net profit for its 2018 dividend, and 60-80 percent of net profit a year later, it said on Monday.