Pekao plans no major acquisitions - acting CEO

According to Bank Pekao’s acting CEO, Michał Krupiński, the lender is not planning any major takeovers and is not interested in acquiring Raiffeisen Bank Polska, as it wants to focus on organic growth. “We are not in any talks regarding a merger with Alior or Raiffeisen takeover. We will be very focused on efficiency improvement, organic growth,”  Krupiński said. He added, that the bank is currently working on its new strategy, which should be announced along with Q3 results, but there won’t be any revolutionary changes.