The Polish Chamber of Commercial Real Estate has gained a new member – Bank Pekao SA has joined the Association.
Bank Pekao SA, founded in 1929, is one of the largest financial institutions in Central and Eastern Europe and the second largest universal bank in Poland with PLN 356 billion in assets.
The bank is a leader in corporate banking, with one in two corporations in Poland serving as its client. It holds a leading position in asset management, brokerage, and private banking.
Since 1998, Bank Pekao has been listed on the Warsaw Stock Exchange and participates in several local (including WIG 20 and WIG) and international indices (including MSCI EM, Stoxx Europe 600 and FTSE Developed).
Pekao is the highest-paying listed company in Poland, with the highest dividend payout, over PLN 40 billion, since the Warsaw Stock Exchange was reestablished in 1991. Over the past 10 years, the bank has paid out a total of over PLN 23 billion to shareholders.
– Joining the PINK Association is a natural step for Bank Pekao SA, which strengthens our long-standing presence on the Polish commercial real estate market. - says Adam Łuciuk, director of the Commercial Real Estate Financing Office, Bank Pekao. – Membership in this organization will allow us to participate even more actively in discussions about the development of the sector, share our knowledge of investment financing, and jointly develop solutions that support our clients.
– Bank Pekao's presence in the Association will strengthen the dialogue between the financial sector and the commercial real estate market. The more diverse experiences and competencies we bring together in one organization, the more effectively we can support the development of the entire industry. - says Ewa Andrzejewska, Operations Director and Board Member of PINK. "The Bank's experience will be a valuable contribution to the implementation of joint initiatives. We are pleased that another important financial institution wants to actively participate in building the future of the market.".