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Bank Polska Kasa Opieki SA (PEO.WA)

PEO.WA on Warsaw Stock Exchange

111.75PLN
14 Jun 2019
Change (% chg)

-0.55zł (-0.49%)
Prev Close
112.30zł
Open
111.85zł
Day's High
112.25zł
Day's Low
111.20zł
Volume
315,013
Avg. Vol
595,606
52-wk High
121.00zł
52-wk Low
97.30zł

Latest Key Developments (Source: Significant Developments)

Archicom Unit Sings Loan Agreements With Bank PEKAO
Wednesday, 12 Jun 2019 

June 13 (Reuters) - Archicom SA ::SAID ON WEDNESDAY ITS UNIT ARCHICOM NIERUCHOMOSCI 14 HAS SIGNED LOAN AGREEMENTS WITH BANK POLSKA KASA OPIEKI.THE UNIT HAS BEEN GRANTED A EUR 17.1 MILLION CONSTRUCTION LOAN REGARDING THE SECOND STAGE OF 'CITY FORUM A' INVESTMENT IN WROCLAW, POLAND.THE UNIT HAS ALSO RECEIVED A VAT LOAN OF EUR 4.0 MILLION.AN INVESTMENT LOAN OF EUR 17.6 MILLION FOR REFINANCING THE CONSTRUCTION LOAN AND PARTIAL REFINANCING OF OWN CONTRIBUTION WHILE THE CONSTRUCTION LOAN IS VALID.  Full Article

Pekao To Issue 700 D Series Subordinated Bonds At 500,000 Zlotys/Bond
Wednesday, 22 May 2019 

May 22 (Reuters) - Bank Polska Kasa Opieki SA ::RESOLVES TO ISSUE 700 D SERIES SUBORDINATED BONDS OF NOMINAL VALUE OF 500,000 ZLOTYS/BOND.BOND ISSUE PRICE EQUALS ITS NOMINAL VALUE.BOND ISSUE DATE JUNE 4 AND REDEMPTION DATE JUNE 4, 2031.  Full Article

Pekao Management Agree To Issue Subordinate Bonds Of Nominal Value 500,000 Zlotys/Bond
Thursday, 9 May 2019 

May 9 (Reuters) - Bank Polska Kasa Opieki SA ::SAYS MANAGEMENT AGREE TO ISSUE SUBORDINATE BONDS OF NOMINAL VALUE 500,000 ZLOTYS PER BOND.SAYS TOTAL NOMINAL VALUE OF BONDS TO BE NO HIGHER THAN 750.0 MILLION ZLOTYS.SAYS ISSUE OF BONDS TO BE CARRIED OUT SOLELY ON POLISH TERRITORY.SAYS ISSUE OF BONDS IS CONTEMPLATED FOR 2019 Q2.  Full Article

Pekao Q1 Net Profit At 242 Mln Zlotys, Below Expectations
Thursday, 9 May 2019 

May 9 (Reuters) - Pekao ::Q1 NET PROFIT AT 242 MILLION ZLOTYS VERSUS 259 MILLION ZLOTYS SEEN IN REUTERS POLL.Q1 NET INTEREST INCOME AT 1.30 BILLION ZLOTYS VERSUS 1.31 BILLION ZLOTYS SEEN IN REUTERS POLL.Q1 NET FEE AND COMMISSION INCOME AT 603.6 MILLION ZLOTYS VERSUS 608 MILLION ZLOTYS SEEN IN REUTERS POLL.  Full Article

Pekao Gets Recommendations From KNF Regarding 2019 Dividend Policy
Tuesday, 22 Jan 2019 

Jan 22(Reuters) - PEKAO SA ::SAID ON MONDAY THAT RECEIVED RECOMMENDATIONS FROM POLISH REGULATOR KNF REGARDING DIVIDEND POLICY FOR 2019.TO PAY 75% FROM 2018 NET PROFIT IN DIVIDENDS BANK MUST HAVE COMMON EQUITY TIER 1 (CET1) RATIO AT 12.27%, TIER I RATIO AT 13.77%, AND TCR AT 15.77%.TO PAY 100% FROM 2018 NET PROFIT IN DIVIDENDS BANK MUST HAVE CET1 RATIO AT MINIMUM 16.55%, TIER I AT 18.05%, AND TCR AT 20.05%.  Full Article

JSW Signs Termsheet For PLN 460 Mln, USD 81 Mln Financing
Monday, 7 Jan 2019 

Jan 8 (Reuters) - Jastrzebska Spolka Weglowa SA (JSW) ::SAID ON MONDAY IT HAS SIGNED TERM SHEET REGARDING FINANCING WITH PKO BP SA <<>>, PEKAO SA <<>>, BGK AND ICBC (EUROPE) SA ODDZIAL W POLSCE AND POLISH INDUSTRIAL DEVELOPMENT AGENCY .TOTAL FINANCING IN AMOUNT OF 460 MLN ZLOTYS AND EQUIVALENT OF USD 81 MLN IN ZLOTYS WILL BE USED FOR REFINANCING OF CURRENT DEBT AND FINANCING OF INVESTMENTS AND OTHER GOALS OF THE GROUP.THE COMPANY ALSO PLANS, FROM THE FINANCING, TO PAY FOR THE ACQUISITION OF PRZEDSIEBIORSTWO BUDOWY SZYBOW SA.THE FINANCING IS PLANNED FOR MAXIMUM 7 YEARS.  Full Article

Stress Test Results Show High Resilience Of PKO BP, PEKAO - KNF
Monday, 5 Nov 2018 

Nov 5 (Reuters) - BANK POLSKA KASA OPIEKI SA (PKO BP) AND POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA (PEKAO)::THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) SAID ON FRIDAY THAT PKO BP <<>> AND PEKAO SA <<>> HAVE SHOWN HIGH RESILIENCE IN THE EUROPEAN BANKING AUTHORITY (EBA) STRESS TESTS.THIS YEAR STRESS TESTS WERE CONDUCTED ON 48 EUROPEAN BANKS COVERING BROADLY 70 PERCENT OF TOTAL EU BANKING SECTOR ASSETS WITHIN THE EUROPEAN UNION AND NORWAY.PKO BP SAID IN A SEPARATE STATEMENT THAT ACCORDING TO EBA'S STRESS TESTING, BANK'S CONSOLIDATED CET1 RATIO WOULD BE AT 17.39 PERCENT IN 2020 UNDER THE BASELINE SCENARIO AND AT 15.93 PERCENT UNDER THE ADVERSE SCENARIO (VERSUS 16.50 PERCENT IN 2017).ITS CONSOLIDATED CET1 RATIO, REFLECTING THE FULL CRR/CRD AND IFRS9 EFFECT, WOULD BE AT 16.89 PERCENT AND 15.62 PERCENT RESPECTIVELY IN 2020 (VERSUS 15.91% IN 2017).PEKAO SAID IN A SEPARATE STATEMENT THAT ACCORDING TO EBA'S STRESS TESTING, BANK'S CET1 RATIO WOULD BE AT 16.50% UNDER THE BASELINE SCENARIO IN 2020 AND AT 15.47% UNDER THE ADVERSE SCENARIO.ITS CONSOLIDATED CET1 RATIO, REFLECTING THE FULL IFRS9 EFFECT, WOULD BE AT 16.14% AND 14.55% RESPECTIVELY .  Full Article

Pekao: KNF Allows To Include Series C Bonds To Bank's Tier II Ratio
Friday, 26 Oct 2018 

Oct 26 (Reuters) - BANK POLSKA KASA OPIEKI SA ::SAYS POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) ALLOWS TO INCLUDE 400 SERIES C BONDS OF TOTAL NOMINAL VALUE OF 200 MILLION ZLOTYS TO BANK'S TIER II RATIO.SAYS TOGETHER WITH SERIES C BONDS CO ISSUED SERIES B BONDS OF TOTAL NOMINAL VALUE OF 550 MLN ZLOTYS .SAYS BANK'S REQUEST TO THE KNF REGARDING ACCEPTANCE SERIES B BONDS AS INSTRUMENTS IN BANK'S TIER II CAPITAL IS UNDER CONSIDERATION.EARLIER IN OCT. BANK INFORMED ABOUT ITS RESOLUTION TO ISSUE SERIES B AND C OF SUBORDINATED BONDS WITH TOTAL NOMINAL VALUE OF 750 MLN ZLOTYS nL8N1WL0HB.  Full Article

Milkiland Signs Debt Restructuring Agreements
Tuesday, 11 Sep 2018 

Sept 11 (Reuters) - MILKILAND NV ::MILKILAND N.V. - SIGNING THE DEBT RESTRUCTURING AGREEMENTS WITH PEKAO BANK SA <<>> AND PEKAO LEASING.SIGNS AMENDMENT AGREEMENT WITH PEKAO BANK TO REVOLVING CREDIT FACILITY AGREEMENT AND OVERDRAFT CREDIT FACILITY AGREEMENT IN TOTAL AMOUNT OF 4.87 MILLION ZLOTYS.PARTIES AGREED THAT FINAL REPAYMENT OF INDEBTEDNESS SHALL BE MADE ON 31 JULY 2019.THE BORROWER ALSO TOOK THE OBLIGATION TO SELL THE NON CORE ASSETS IN THE SUM OF UP TO 509 MILLION ZLOTYS UNTIL 31 MARCH 2019 AND ALLOCATE THE OBTAINED PROCEEDINGS FOR THE REPAYMENT TO THE BANK.DURING OF THE TERM OF THE AMENDMENT AGREEMENT, THE BANK TOOK THE OBLIGATION TO REFRAIN FROM DEBT ENFORCEMENT PROCEDURES.ALSO SIGNS ANOTHER AMENDMENT TO AGREEMENT WITH PEKAO LEASING ON RESTRUCTURING OF INDEBTEDNESS IN TOTAL AMOUNT OF 6.4 MILLION ZLOTYS.PARTIES AGREED THAT FINAL REPAYMENT OF INDEBTEDNESS SHALL BE MADE ON 31 DECEMBER 2019.AGREEMENTS WERE SIGNED BY THE FOLLOWING PARTIES: PEKAO BANK SA (BANK), PEKAO LEASING (BANK'S UNIT), OSTROWIA SP. Z.O.O. (THE BORROWER AND CO SUBSIDIARY), MILKILAND EU AND UA TRADE (CO'S SUBSIDIARIES) AND THE COMPANY.  Full Article

Bank Pekao Has OSII Buffer Increased To 0.75%
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - BANK PEKAO ::SAID ON TUESDAY THAT THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) IMPOSED ON THE BANK A BUFFER OF OTHER SYSTEMICALLY IMPORTANT INSTITUTION (OSII) EQUIVALENT TO 0.75 PERCENT OF THE TOTAL RISK EXPOSURE AMOUNT.THE PREVIOUS VALUE OF THE BUFFER IMPOSED ON THE BANK WAS EQUIVALENT TO 0.50 PERCENT OF THE TOTAL RISK EXPOSURE AMOUNT.  Full Article