Sunday, May 31, 2015

PZU Alior Bank acquired the shares for 1.6 billion zł. This could be the beginning … – Polish Radio

– The transaction is the first step towards consolidation of the Polish banking sector involving the PZU – Klesyk said. He added that PZU wants to create a bank that would be in the top five banks in terms of assets in Poland.

The President admitted that PZU authorities are interested in buying the next two entities, but can not reveal that. – We hope that we will buy another entity, later this year – said Klesyk.


 

Andrzej Klesyk, CEO of PZU SA on the strategy for the year 2015.


 
 

Source: Newseria

 

The treasurer: time to repolonizację financial sector

 

It is time for repolonizację financial sector, ie the use of Polish capital in its consolidation and building value – as Treasury Minister Wlodzimierz Karpinski commented on Saturday an agreement to acquire 25 percent of PZU. Alior Bank shares.

– After years of importing capital and know-how from foreign banks repolonizację came time for the financial sector, ie the use of Polish capital in its consolidation and building value. We use and we will seize new opportunities to take over from foreign investors withdrawing valuable banking assets – quoted in the release said Karpinski SMEs.

The head of the Treasury indicated that it supports the acquisition of shareholding in the Alior Bank. – I hope that this is just the beginning for further consolidation of the sector around the bank, based on the Polish capital – he added.

The Minister also reminded that the autumn is planned IPO of Postbank.


 

The strategic objectives of PZU

 

Andrzej Klesyk in February on Polish Radio 24, adycji “People of the economy”, which was a hero, he said, among others, of the PZU Group’s strategic objectives for 2020.

 

As revealed at the time, Group intends to become the leader in all key areas, namely in the insurance, investment and private medical care.

 
 
 
 

The objectives of the strategy of PZU 3.0, as explained in an interview with Sylvia Zadrożna, will be based on three pillars: insurance, investments and health. – In insurance, we are already leaders. In contrast, our goals for the next six years including This imposes that the insurance even increased our market share. We now have 32.5 percent. Our ambition is that by the age of 6, this figure was 35 per cent, or more than one-third of the market – declared on Polish Radio 24 Andrzej Klesyk. – As far as life insurance is supposed to be at 43 per cent. and thus at a similar level as now – he added.

 

Asset Management

 

The second pillar of the strategy is asset management. – We are already the largest asset managers in this region of the world, directly or indirectly manage about 75-80 billion zł. Most of this sum are our assets, I would have wanted was more money from third parties, we have a much bigger part in managing the assets of investment funds – says the president. – It has to be over 11 percent. – Declares. – I wish that PZU was unsurpassed leader in institutional asset management customers outside Polish. Here we need to build a very strong competence before entering the euro zone, because if we do not then we can close our asset management business – he explained.


 

PZU focuses on health

 

The third pillar is the health. This market is potentially worth two times more than non-life insurance and life together. This is a gigantic market that sooner or later he will have to open up to private insurance – PZU president stressed.


 

PAP / Polish Radio 24, Celebrating

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