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Powszechna Kasa Oszczednosci Bank Polski SA (PKO.WA)

PKO.WA on Warsaw Stock Exchange

38.97PLN
22 Feb 2019
Change (% chg)

0.07zł (+0.18%)
Prev Close
38.90zł
Open
39.01zł
Day's High
39.49zł
Day's Low
38.80zł
Volume
1,967,526
Avg. Vol
2,481,547
52-wk High
44.79zł
52-wk Low
35.87zł

Latest Key Developments (Source: Significant Developments)

Dino Polska Signs Investment Credit Agreements With PKO BP For 150 Million Zlotys
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Dino Polska SA ::SAYS TOGETHER WITH UNIT SIGNS TWO INVESTMENT CREDIT AGREEMENTS WITH PKO BP FOR 150 MILLION ZLOTYS.SAYS AGREEMENTS WITH PKO BP ARE TO FINANCE FURTHER DEVELOPMENT OF DINO STORES AND LOGISTICS OPERATIONS.SAYS THE CREDITS ARE PROVIDED UNTIL AUG. 11, 2026.  Full Article

Gino Rossi: PKO BP Agrees For Sale of Simple CP To SIS
Friday, 25 Jan 2019 

Jan 25 (Reuters) - GINO ROSSI SA ::PKO BP AGREES FOR CO TO SELL SIMPLE CREATIVE PRODUCTS (SIMPLE CP) TO SKYLINE INSOLVENCY SOLUTIONS (SIS).THE PRICE OF SHARE SALE HAS BEEN SET AT 1 ZLOTY, HOWEVER IF SIS ACQUIRES SHARES FREE OF ANY CHARGES AND PLEDGES, THE AMOUNT WILL INCREASE TO 0.1 MLN ZLOTYS.  Full Article

Shareholders Sign Agreement To Sell Polnord's shares
Thursday, 17 Jan 2019 

Jan 18 (Reuters) - POLNORD SA ::SAID ON THURSDAY THAT ITS SHAREHOLDERS HAVE SIGNED AND AGREEMENT TO JOINTLY REVISE STRATEGIC OPTIONS REGARDING THE SHARES THEY OWNED IN POLNORD.THE PARTIES PLAN TO AGREE TERMS OF SELLING THE SHARES .THE SHAREHOLDERS ARE: PKO BP SA <<>>, NEPTUN FIZAN, BGK IN WARSAW, PZU UMBRELLA OPEN-ENDED INVESTMENT FUND, PZU GLOBAL INVESTMENT SPECIALIZED OPEN-END INVESTMENT FUND, PZU UNIVERSUM SPECIALIZED OPEN-END INVESTMENT FUND AND POWSZECHNY ZAKLAD UBEZPIECZEN NA ZYCIE SA.  Full Article

11 Bit Studios Buys Real Estate, Signs Investment Loan
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - 11 BIT STUDIOS SA <11B.WA>::SAID ON WEDNESDAY THAT IT HAS SIGNED A 12.6 MLN ZLOTY INVESTMENT LOAN TO PARTIALLY FINANCE THE PURCHASE OF A DEVELOPED REAL ESTATE IN WARSAW, POLAND.10-YR LOAN IS FROM PKO BP <<>> AND WILL BEAR WIBOR 1M INTEREST PLUS FIXED BANK MARGIN OF 0.9 P.P..BUYS THE REAL ESTATE, WHERE IT PLANS TO HAVE ITS NEW BASE, FROM PBM POLUDNIE SA FOR 22.1 MILLION ZLOTYS.  Full Article

Poland's KNF Lowers Additional Capital Requirement For PKO BP To 0.42 P.P.
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Powszechna Kasa Oszczednosci Bank Polski SA ::THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) RECOMMENDS BANK TO MAINTAIN OWN FUNDS TO COVER ADDITIONAL CAPITAL REQUIREMENT AT 0.42 P.P. OVER THE AMOUNT OF TOTAL CAPITAL RATIO (TCR).PRIOR TO THE RECOMMENDATION, BANK MAINTAINED OWN FUNDS TO COVER AN ADDITIONAL CAPITAL REQUIREMENT AT THE LEVEL OF 0.61 P.P..SAYS BANK MEETS KNF'S REQUIREMENTS REGARDING MINIMAL CAPITAL RATIOS ON BOTH STANDALONE AND CONSOLIDATED LEVELS.  Full Article

KNF Requests PKO BP To Maintain Additional Capital Requirement Regarding FX Loans
Monday, 22 Oct 2018 

Oct 22 (Reuters) - POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SA ::THE POLISH FINANCIAL SUPERVISION AUTHORITY (KNF) RECOMMENDS BANK TO MAINTAIN OWN FUNDS TO COVER ADDITIONAL CAPITAL REQUIREMENT AT 0.47 P.P. OVER THE AMOUNT OF TOTAL CAPITAL RATIO (TCR).RECOMMENDATION RELATES TO RISK RESULTING FROM FX LOANS.PRIOR TO THE RECOMMENDATION, BANK MAINTAINED OWN FUNDS TO COVER AN ADDITIONAL CAPITAL REQUIREMENT REGARDING FX LOANS AT THE LEVEL OF 0.66 P.P..SAYS BANK MEETS KNF'S REQUIREMENTS REGARDING MINIMAL CAPITAL RATIOS ON BOTH STANDALONE AND CONSOLIDATED LEVELS.  Full Article

Poland's PKO BP likely to achieve strategy goals earlier than planned - CEO
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - Powszechna Kasa Oszczednosci Bank Polski SA ::CEO of Poland's biggest bank PKO says next year the bank could achieve strategy goals which had been set for 2020..In 2016 the state-run bank said that it would achieve a return-on-equity (roe) of more than 10 percent by 2020 and that it will be able to pay dividends.."There is a chance next year that we will reach all parameters related to our strategy goal," PKO CEO Zbigniew Jagiello told a press conference on Tuesday..He added that the bank might set up new goals regarding economic indicators next year..PKO's CFO told the same conference that the bank meets all criteria to pay out dividend from 2018 profit..  Full Article

PKO BP Sells Its Entire stake in Ferrum
Thursday, 19 Jul 2018 

July 19 (Reuters) - FERRUM SA ::PKO BP <<>> SELLS ITS ENTIRE 9.38 PERCENT OF VOTES IN CO, FOLLOWING TENDER OFFER FOR CO SHARES ANNOUNCED BY WATCHET.WATCHET BOUGHT 9.5 MLN OF FERRUM SHARES IN THE TENDER OFFER L8N1UE341.  Full Article

Talex Signs 25.9 Mln Zloty Gross Deal With PKO BP
Wednesday, 4 Jul 2018 

July 4 (Reuters) - TALEX SA ::SIGNS 25.9 MILLION ZLOTY GROSS DEAL WITH PKO BP SA <<>> FOR IT SERVICES FOR 3 YEARS.  Full Article

Polish lender PKO eyes only big rivals for potential takeover - Puls Biznesu
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Powszechna Kasa Oszczednosci Bank Polski SA ::POLAND'S BIGGEST BANK PKO BP CEO ZBIGNIEW JAGIELLO TOLD PULS BIZNESU DAILY THAT CONSOLIDATION OF POLISH BANKING SECTOR WILL CONTINUE.PKO BP WOULD BE INTERESTED IN TAKING OVER ONLY BIG BANKS, WITH TOTAL ASSETS VALUE OF AT LEAST 100 BILLION ZLOTYS ($26.89 billion), JAGIELLO TOLD PULS BIZNESU IN AN INTERVIEW PUBLISHED ON TUESDAY.BUYING SMALLER BANKS WOULD NOT BE PROFITABLE FOR PKO BP, AS IT WOULD DELAY TECHNOLOGY DEVELOPMENT, JAGIELLO SAID."EXCEPT FOR THE FIRST FIVE BIGGEST BANKS ALL THE REMAINING ONES ARE TOO SMALL FOR US. WE WOULD BE READY TODAY TO TAKE A DECISION ABOUT A MERGER IF TOTAL ASSETS OF THE TARGETED BANK WOULD ACCOUNT FOR AT LEAST 30 PERCENT OF PKO' ASSETS, OR 100 BILLION ZLOTYS," JAGIELLO SAID. .  Full Article