Locked content BZ WBK-Aviva profit up by 24%

Insurers BZ WBK-Aviva TUnZ and BZ WBK-Aviva TUO, joint ventures owned by lender BZ WBK and British insurer Aviva, reported a 24 percent increase (to PLN 32 million) in net profit in the first half of 2015, as opposed to the same term last year. The profit from the life insurance sales rose by 73 per...

Locked content BZ WBK issues bonds worth nearly PLN 500 mln

Commercial lender Bank Zachodni WBK issued  485,000 bonds on Monday on the Catalyst market,  with a total worth of PLN 485 million, the ISBnews agency reported. The last day of trading was scheduled for June 13, 2018. Bonds of the same quantity and value were issued at the end of June. Bank Zachodni...

Locked content BZ WBK to cooperate with Bank of Shanghai

Bank Zachodni WBK has begun cooperation with Bank of Shanghai through the Santander Group International Desk, a special team of consultants serving clients from abroad, including from Poland. “Doing business in China is not an easy task. It’s a different market and a culture with a very ...

Locked content EBRD sells residual stake in BZ WBK

The European Bank of Reconstruction and Development (EBRD) said it had sold its residual holding in Poland’s third-largest bank BZ WBK, Reuters informed. EBRD sold 467,726 BZ WBK shares in accelerated bookbuilding on the Warsaw bourse on Tuesday via bookrunner Citigroup Global Markets Limited ...

Locked content BZ WBK doubles net profits in Q1 y/y

Commercial lender BZ WBK reported a consolidated net profit of PLN 1.035 billion in Q1 2015, compared with PLN 449.49 million in Q1 2014, the bank informed in a report. The bank’s assets stood at PLN 131.42 billion at the end of Q1 2015, versus PLN 112.08 billion in the previous year. The lend...

Locked content BZ WBK shareholders agree to not to pay out dividends

Shareholders at commercial lender BZ WBK decided on Thursday to not to pay out a dividend on its 2014 net profit but agreed that the payout is possible later this year. As much as PLN 1 billion will be put towards reserve capital. In the case of the remaining PLN 953 million, CEO Mateusz Morawiecki ...

BZ WBK will not pay out dividend

The board of commercial lender BZ WBK has changed their decision regarding the allocation of profits and has decided to not pay out dividends for 2014.

Locked content BZWBK to issue bank securities worth PLN 3 bln

The WSE-listed commercial lender, Bank Zachodni WBK (BZWBK) will issue its bank securities valued at PLN 3 billion, the lender announced. “The aim is to obtain funds for the general activity of the lender. The securities will be issued in tranches and may be denominated in PLN, euro, US dollar...

Locked content US giant interested in entering Polish ATM market

Carditronics, the biggest US ATM operator considers entering Polish market. So far, the operator made partnership deal with BZ WBK bank, Puls Biznesu daily reported. “It is hard to imagine that the Americans will build a network from scratch, because it would be too expensive. They may want to takeo...

Locked content BZ WBK to boost mobile banking unit

Poland’s third-largest lender BZ WBK is counting on doubling the number of mobile banking customers to 1 million by the end of 2015, the bank’s mobile and internet segment director Tomasz Niewiedział was quoted as saying by the Polish Press Agency. “Our goal is to carry out 2 million transactions pe...