What awaits the customers of Pekao, if the Bank was acquired by the company PZU? – Republic

the idea is that both banks would have acted separately. This indicates that clients in this embodiment, not waiting for a big revolution. However, this does not mean that there will be no change. Bank Pekao s. a. has more than 5 million customers, including 16 thousand. corporations, that is the largest companies. That could change in the supply and services, and more likely to be the same?

- Pekao, like other big banks do not pay a lot of deposits because it has a sufficient base of loyal customers, kept large sums on nieoprocentowanych personal accounts that do not have to compete on price with the Deposit. I believe that the new owner is not changed, – says Yaroslav Sadowski, analyst Expander. Pekao is a strong player in the market of mortgage loans and cash loans. In the case of these first, most of the conditions like margin, which is a component of the interest rate spelled out in contracts, therefore, cannot change.

- However, Pekao is one of the few banks which receive fees for early repayment throughout the term of the mortgage loan, but this will change soon, a new law on credit hipotecznym that allows you to download such a Commission only for the first 3 years – adds Yaroslav Sadowski. But there may be some changes in the negative. Pekao allows free use 19 thousand. ATMs UniCredit not only in Italy but also but also, in particular, in Germany, Croatia, Austria and Turkey. It can be expected that after the sale, it would have changed, and for the use of ATMs owned by the Italian group of customers would pay on the same principles as with the devices of other banks.

major changes can we expect from corporate customers. – Some companies who use both services to PKO BP and Pekao, in line with the corporate rules needs to diversify its dependence on the creditors belonging to the same owner which directly or indirectly will be the Treasury. This would mean the rejection of the services of one of these banks and look for a new lender, explains Camille Carpenter, an analyst with Haitong Bank. – You can simultaneously expect that if Pekao has been acquired by the company PZU, should have been more open to financing the economy through lending companies that odciążyłoby PKO BP, which has lower capital and less field for credit expansion.

Some changes nastałyby in the same sentence for corporate clients operating in several foreign markets, because part of services for customers based on the work in an international group, we are talking in particular about the possibility of a consolidation of balance sheets and liquidity management, the company has accounts in various banks of Unicredit Group.