PZU CEO: Pekao and Alior cooperation analysis should be known soon

Talks on the cooperation between Bank Pekao and Alior Bank are still ongoing and PZU hopes that it will know the results of this analysis soon. The insurer excludes scenarios that would benefit a single bank from the group at the expense of the other, said PZU CEO Paweł Surówka. “At this point, the banks are investigating the various forms of cooperation, which we support, as we have said in our strategy that we want to use all possible synergies within the group, because we believe that they are building the value of all shareholders,” Surówka said. “PZU is a shareholder of both banks and our interest is to ensure that the value of both banks grows, hence we exclude scenarios that would benefit one bank at the expense of the other,” he added.