Locked content Alior denies BOŚ interest

WSE-listed, state-operated Alior Bank issued a statement denying that it is interested in acquiring parts of BOŚ bank. “We do not know anything about it. Alior Bank is not involved in the acquisition of  BOŚ bank or any of its assets. We focus on organic growth and effective implementation of the &#...

Locked content Alior Bank with PLN 172.9 mln Q3 net profit

WSE-listed Alior Bank posted a PLN 172.9 million attributable net profit in Q3, down from PLN 178.2 million last year. Net income from interests was reported at PLN 781.4 million, up by 7 percent y/y. Fees and commissions amounted to PLN 106.6 million, up from PLN 97.3 million last year. Alior’s tot...

Locked content Alior Bank: Katarzyna Sułkowska resigns as CEO

Katarzyna Sułkowska has stepped down from her post as the CEO of WSE-listed Alior Bank, the bank informed in a statement. Krzysztof Bachta was appointed as acting CEO in her place until the approval of the Polish Financial Supervision Authority to appoint him as the bank’s CEO. Sułkowska becam...

Alior Bank and Bank Pekao call off merger

The management boards of Alior Bank and Bank Pekao have decided to end analyzes and negotiations regarding their possible merger. It was considered that, taking into account the current valuation of both companies, the analysis of profitability and feasibility, the more beneficial option from the sh...

Locked content Pekao on route to merge with Alior – Reuters

Bank Pekao will likely move forward on a merger with Alior Bank, according to two confidential sources cited by Reuters. In late February, Pekao’s CEO Michał Krupiński stated he believed that analysis for a possible merger with Alior Bank would be completed by the end of Q2. Reuters said that the me...

Alior Bank appoints new president

The Polish Financial Supervision Authority has unanimously agreed to appoint Katarzyna Sułkowska to the position of President of Alior Bank, the Commission announced on Tuesday.

Locked content PZU CEO: Pekao and Alior cooperation analysis should be known soon

Talks on the cooperation between Bank Pekao and Alior Bank are still ongoing and PZU hopes that it will know the results of this analysis soon. The insurer excludes scenarios that would benefit a single bank from the group at the expense of the other, said PZU CEO Paweł Surówka. “At this point, the ...

Locked content Alior Bank CEO resigns

Michał Chyczewski stepped down from his post as the CEO of WSE-listed Alior Bank. To-date Deputy CEO Katarzyna Sułkowska has been appointed as acting CEO in his place, the company said in a market filing. “Alior will continue works on implementing its strategy, especially strengthening the bank̵...

Locked content Apple Pay to be launched in Poland next year?

According to Cashless website, five Polish banks are negotiating with Apple regarding launching Apple Pay service in Poland. Apple was the side initiating the talks sending out feelers to Polish banks this month. Some of the lenders declined to enter negotiations, however, five has started talks. Th...

Locked content Alior Bank with PLN 190 mln Q3 net profit

WSE-listed Alior Bank posted a PLN 189.88 million attributable net profit in Q3, up from PLN 86.94 million last year. Net income from interests soared to PLN 723.81 million, up by 47.6 percent y/y, fees and commissions amounted to PLN 103.2 million, up from PLN 87 million last year. Alior’s  total a...