Pekao targets increased efficiency and incomes

"We do not intend to lower our capital through the pay out of special dividends. The surpluses could be used in other ways," claims Jan Krzysztof Bielecki, president of Pekao SA. The institution is closely looking at the pension funds market, as four operators within it could become potential take over targets. In the meantime, the bank will merge its leasing companies, which will support its banking activities. Pekao SA is looking into the Eastern markets and hopes it will increase the share capital of its Ukrainian branch later this year. (Puls Biznesu, pp. 1, 5) M.M.