Profil:
PKO BP SAPKO BP lender plans to issue approx. EUR 750 mln bonds in early 2025
Poland's largest lender by assets PKO BP plans to issue bonds worth approximately EUR 750 million in early 2025 and will consider a low-value issue under CRR III requirements this year, the bank's CEO Szymon Midera told a conference.
"This year, we will consider a low-value issue related to the final attribution of the impact of CRR III, and early next year it will be about EUR 750 million to refinance bonds taken out in 2023," Midera said.
CRR III will introduce changes to the way capital requirements are calculated in all banks' risk areas.
seb/ nl/ ao/