BZ WBK shareholders agree to not to pay out dividends
10:50
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 said: "[This] may be considered to be a part of our core capital but also there is a possibility that later in the year or next year this 50 percent [of last year's profit] will be paid to the shareholders."
