Profil:
Bank Pekao SAPekao lender maintains intention to earmark 50-75 pct of 2024 profit for dividend
Listed lender Pekao reiterates its intention to allocate 50-75 percent of its 2024 profit to dividends, in line with the bank's strategy, and does not rule out raising capital through the issue of capital bonds (AT1, Tier 2), the bank said in a market filing.
As reported, Bank Pekao and listed insurance group PZU entered into a letter of intent on Monday to reorganise the PZU group's banking assets.
One scenario under consideration is that the reorganisation would involve Pekao acquiring for cash the shares of listed lender Alior Bank held by PZU.
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