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Bank Pekao SABNP Paribas BP lender meets requirements to pay dividend of up to 75 pct of 2024 profit
Listed bank BNP Paribas Bank Polska has received an individual recommendation from Poland's financial watchdog KNF confirming that the bank meets the requirements to pay dividends of up to 75 percent of its 2024 profit, the bank said in a market filing.
The bank previously announced that the bank's management board recommends that from the net profit for 2024 of PLN 2.32 billion (EUR 555.2 mln), an amount of PLN 1.16 billion (EUR 277.6 mln) should be earmarked for dividend payment, which would give a dividend of PLN 7.86 (EUR 1.88) per share.
The management board of BNP Paribas Bank Polska also recommends that PLN 658.5 million (EUR 157.6 mln) of the net profit for 2024 be allocated to reserve capital and PLN 500 million (EUR 116.7 mln) be left undistributed.
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