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Poland’s 2024 Budget Revision and 2025 Deficit Forecast: Challenges and Opportunities

In late October, the Polish government announced...

2024: A Year of Missed Opportunities for Deregulation in Poland

The year 2024 was supposed to be...

USA-China Tensions Transform Global Market

After the U.S. elections, relations between the...

Tag: Pekao

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PZU Group’s New Strategy Focuses on Insurance, Health, and Energy Transition by 2027

Under its new strategy, PZU Group aims to focus on its core insurance business and its digital ecosystem, such as the mojePZU platform, over...

Ailleron Group Reports 52% EBITDA Growth in Q3 2024, Driven by International Expansion and Acquisitions

After the first three quarters of 2024, the Ailleron Group achieved sales revenue of PLN 395 million, representing an increase of nearly 16%...

Cezary Stypułkowski approved by KNF to assume the position of President of Bank Pekao

The Polish Financial Supervision Authority (KNF) has unanimously approved the appointment of Cezary Stypułkowski as the CEO of Bank Pekao S.A. The new head of...

MCI invests in Nice To Fit You

The private equity fund MCI.EuroVentures 1.0 has signed a deal to purchase 55% of shares in NTFY, Poland's leader in high-quality box dieting. The company...

Bank Pekao Achieves Record Net Profit of PLN 1.828 Billion in Q3 2024, Surpassing Strategic Goals

The third quarter was the best in history for Bank Pekao in terms of net profit, which amounted to PLN 1.828 billion. This was...

Bank Pekao S.A. Expands Financing for Diagnostyka Group, Poland’s Largest Medical Laboratory Network, to PLN 395 Million

Bank Pekao S.A. has increased its financing for Poland's largest network of medical laboratories, Diagnostyka Group, to PLN 395 million. Bank Pekao has been...

Żabka Group debuted on the Warsaw Stock Exchange

On October 17, 2024, the Żabka Group made its debut on the primary market of the Warsaw Stock Exchange. The opening share price on...

Inflation in September 2024 at 4.9% level

Today, the Central Statistical Office of Poland (GUS) reported that consumer goods and services prices increased year-on-year by 4.9% in September, and compared to...

EIB and Pekao Leasing Sign €150 Million Deal to Boost Polish SMEs and Green Investments

The European Investment Bank (EIB) and Pekao Leasing have entered into a new credit agreement to support the sustainable development of small and medium-sized...

Ailleron Group with solid results in the first half of 2024.

In the first half of 2024, Ailleron Group achieved sales revenues of PLN 249.5 million, representing a nearly 10% increase compared to the same...

Banks Ease Mortgage Terms as Average Credit Capacity Rises to 488 Thousand PLN Amid Anticipated Rate Cuts

Lack of specifics about a new state support program for property buying and anticipation of an interest rate cut have led banks to ease...

Bank Pekao S.A. grants eSky Group 285 million PLN credit for development and acquisition of Thomas Cook

Bank Pekao S.A. has granted the eSky Group, owner of a leading platform in Central-Eastern Europe selling products and services in 50 countries, a...

BETA Securities Poland Appoints New CEO

The Supervisory Board of BETA Securities Poland SA decided on the 9th of August that Kazimierz Szpak, who has been performing the function of...

In mid-2024, Bank Pekao recorded a strong increase in sales, net profit exceeded 2.9 billion PLN

In mid-2024, Bank Pekao achieved good results in all business segments. There was a clear growth trend in the area of retail banking, marked...
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