* PZU stocks hit record low ahead of talks to buy Pekao * CEE assets mostly rangebound, awaiting Fed guidance on rates * Hungarian central bank holds fire as expected (Adds fall of further Polish ...
Polish Bank Pekao has signed a memorandum of understanding (MOU) with insurance company Powszechny Zakład Ubezpieczeń (PZU) on a potential merger between the two financial institutions. The financial ...
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Pekao cuts Polish GDP forecasts because of war in the Middle East
Polish economic growth will be slower than expected in 2026 and 2027 as a prolonged conflict in the Persian Gulf weakens ...
We’ll send you a myFT Daily Digest email rounding up the latest European companies news every morning. The new state-run owner of Bank Pekao has pledged to maintain Poland’s second-largest bank’s ...
When state-controlled Polish insurer PZU took over Bank Pekao from UniCredit in June last year, one of its first actions was to dispense with the services of the lender’s long-standing and ...
Polish bank Pekao expects its cost of risk not to exceed the projections set in the bank's strategy, Chief Financial Officer Pawel Straczynski said during a press conference on Thursday. Adjusts the ...
The agreement signed on Wednesday between the Polish government and UniCredito Italiano greenlights the sale of 200 of the 477 branches of Bank BPH as well as the brand name of the bank. The remaining ...
Investing.com -- Fitch Ratings has upgraded Bank Pekao S.A.’s Long Term Issuer Default Rating (IDR) to ’BBB+’ from ’BBB’ and its Viability Rating to ’bbb+’ from ’bbb’ on Friday. The rating agency also ...
The takeover of troubled Polish lender Idea Bank by larger rival Bank Pekao has eased fears of a costly bank failure in the country, but has also raised concerns about the expansion of political ...
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