Bank Pekao S.A., as a part of the resolution commenced today by the Bank Guarantee Fund with regards to Idea Bank S.A., will acquire certain assets and liabilities of Idea Bank S.A. The action is based on the administrative decision of the BGF effective on 3 January 2021. ...
All parents want their children not to worry about finances in the future. Hence, many of them are doing their best to share basic rules of managing and saving money with their children from an early age. ...
Consolidated, recurring net income in Q3 2019 – excluding one-off provision linked to the European Court of Justice ruling on cash loans – recorded another quarter of double-digit increase. The reported net income rose in June-September period by more than 8% to PLN 656m in Q3 2019 from PLN 606m in Q3 2018, with an increase in quarterly ROE to 11.7%. ...
Over the past decade, Poland has advanced to the world’s top league of exporters. Amid growing structural and geopolitical challenges, maintaining the current pace of expansion will, however, require a joint and concerted effort of companies, the state and the financial sector, according to a report presented by Bank Pekao during the CEO Summit conference. ...