Pekao, Alior will decide about merger by end of Q2
20:45
Negotiations about merger or cooperation of Pekao and Alior should finish by the end of Q2.
“We would like to take the decision as soon as possible, no later than by the end of Q2,” Pekao CEO Michał Krupiński said. Pekao and Alior announced they were considering cooperation or a merger in October 2017.
Pekao confirms double-digit growth target for net profit in 2018, CEO added. In Q1 Pekao net profit grew by 12 percent to PLN 392.3 million.