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Poland's Bank Pekao targets above 18% return on equity by end-2027 - Finance news and analysis from Global Banking & Finance Review
Finance

Poland's Bank Pekao targets above 18% return on equity by end-2027

Published by Global Banking & Finance Review

Posted on April 14, 2025

1 min read

· Last updated: April 14, 2025

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Poland's Bank Pekao Sets Ambitious 18% ROE Target by 2027

GDANSK (Reuters) - Poland's Bank Pekao is targeting a return on equity of more then 18% by the end of 2027 as part of its new strategy, the country's second-biggest lender said on Monday.

That compares to a ROE target of around 10% under the bank's previous three-year strategy through 2024, which it exceeded by achieving a return of 21.2% by the end of last year.

Under the new strategy, the bank intends to allocate between 50% and 75% of its profits from 2025 to 2027 for dividend payments.

(Reporting by Rafal W. Nowak and Julia Kotowska; Editing by Tomasz Janowski)

Key Takeaways

  • Bank Pekao targets over 18% ROE by 2027.
  • Previous strategy aimed for around 10% ROE.
  • Achieved 21.2% ROE by end of last year.
  • Plans to allocate 50-75% profits for dividends.
  • New strategy focuses on increased profitability.

Frequently Asked Questions

What is the main topic?
The article discusses Bank Pekao's new strategy to achieve over 18% return on equity by 2027.
What was Bank Pekao's previous ROE target?
The previous target was around 10%, which was exceeded with a 21.2% ROE by the end of last year.
What is Bank Pekao's plan for profits from 2025 to 2027?
The bank plans to allocate between 50% and 75% of its profits for dividend payments.

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