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Bank Polska Kasa Opieki SA (PEO.WA)

PEO.WA on Warsaw Stock Exchange

104.90PLN
15 Nov 2018
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104.90zł
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705,820
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141.35zł
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100.30zł

Latest Key Developments (Source: Significant Developments)

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

CEE MARKETS-Zloty hits 2-week high, Czech crown underperforms

* Dollar retreat on U.S. vote helps most CEE currencies * Polish central bank seen keeping rates, loose stance on hold * Warsaw leads regional stock rally * Crown misses out on firming, hits 5-month low against the forint By Sandor Peto BUDAPEST, Nov 7 The zloty reached a two-week high against the euro, benefiting from a retreat of the dollar on global markets, even though the Polish central bank is expected to retain its loose policy at its meeting on Wednes