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PZU-Pekao merger boosts lending

05:17

PZU-Pekao merger boosts lending
Source: Adobe Stock

The planned merger of insurance giant PZU with Bank Pekao could unlock up to PLN 200 billion in credit, according to Finance Minister Andrzej Domański. The move, confirmed through a signed memorandum, will restructure the group—separating PZU’s holding arm and merging it into Pekao, which will lead the new bancassurance entity.

State Assets Minister Jakub Jaworowski called the…

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