Sunday, May 31, 2015

The CEO of PKO BP: Sam urged PZU to enter the banking market – Puls Biznesu

About hr. 20.30 in Bankier.tv interview with Zbigniew Jagiello. Watch & gt; & gt;

– Sam PZU urged that entered the banking market and tried to capitalize on emerging opportunities. Do you have to be Alior – is another matter, but it is always a question of money, which should be the result of expectations for the future, not history – said Zbigniew Jagiello, President of PKO BP, on WallStreet Conference, which takes place in Karpacz.

In his view, this transaction will in the long run profitable for the Polish economy.

– It is important that there are institutions that have their headquarters, here are the jobs, wages and managers who have Polish perspective – said Zbigniew Jagiello.

Read also: PZU – Alior is only the beginning & gt; & gt;

The CEO asked about the possible participation of the bank in sector consolidation , stressed that it is primarily a question of equity.

– To be able to participate in the processes of acquisition, we have money. The first source is retained profit (of them acquired Nordea), the second – going to the shareholders, the third – posiłkowanie a hybrid capital, which is getting worse perceived by regulators. We do not say no, we have to shake off after the merger with Nordea, every merger costs. We signed an agreement in 2013. In June will be two years, and the prospect of synergies is just the second half of this year – said Zbigniew Jagiello.

“Puls Biznesu” and Bankier.pl are patrons WallStreet Conference media.

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