Bank Pekao takes next step in consolidating its leasing companies

Bank Pekao has increased the capital of Leasing Fabryczny by zł. 15.7 million, which now stands at zł. 28.1 million. The bank did this through a transfer of shares from another Pekao-controlled company from the sector - Pekao Leasing. "This move marks the beginning of the merger planned for next year of leasing companies controlled by bank Pekao. The next step of unifying the leasing activities will be the implementation of an unified and common IT system," said Maciej Kalicki, the deputy President of Pekao Leasing and Leasing Fabryczny. The finalization of the merger is planned for second half of next year. The new venture which will be formed as a result of the consolidation, will control a network of 30 outlets, and over 100 customer service offices. Its offer will also be available through 1,500 Pekao branches. "Following the merger, we expect to greatly expand. The target will be customers of Pekao and companies from its capital group," added Kalicki. (Puls Biznesu, p. 9) A.K.