PKO BP still to pay out zł.800 million in dividends despite acquisitions

"Acquisitions should not influence the amount of the dividend for 2005," said the president. The management has proposed to put aside zł.800 million for dividends, which gives zł.0.8 for each share. "If all acquisitions come into effect, we will have to try and obtain additional capital through bond issues or loans," said Podsiało. This may not be necessary, however. Officially, the largest Polish bank is taking part in tenders for two banks: Splitska banka in Croatia and the bank privatized by the Serbian government Vojvodjanska banka. According to Friday's Greek newspaper Imprerisitia the National Bank of Greece (which is supposed to have offered EUR500m) is also on the shortlist for the latter bank, as well as Bank Austria Creditanstalt (which wants to pay EUR450m). (Parkiet 3 April p.4) S.D.