PKO BP to pay out zl.800 million in dividends

This means that the shareholders will receive zl.0.80 per share. During the meeting, the State Treasury Ministry which owns a 51.5% stake in the bank, decided to decrease the number of the members of the bank's supervisory board from nine to seven and appointed five new members of the board, with Marek Gluchowski, the former member of the Nordea Bank Polska supervisory board, as the new chairman of the supervisory board. According to the company's president Andrzej Podsiadlo, the bank's results in Q1 2006 were significantly better than in Q1 2005. "We have managed to defend our position as the largest bank. Our aim is to maintain this leading position in all basic segments [of the market]," declared Podsiadlo. (Puls Biznesu, p. 9; Parkiet, p. 1) E.B.