Pekao Profit Surges 13% as Provisions Fall – Poland Banking News
Bank Pekao, Poland’s second-largest lender by assets, reported a net profit of 1.82 billion zlotys ($508.6 million) for the fourth quarter of 2025, exceeding analyst expectations of 1.66 billion zlotys, according to a statement released Thursday. The increase in profit was attributed to lower credit loss allowances and reduced provisions for legal challenges related to … Read more