Pekao (WSE: PEO / FRA: BP1): Poland's Second Largest Bank Positioned for a Polish Growth Slowdown

Bank Polska Kasa Opieki SA or Pekao (WSE: PEO / FRA: BP1) is one of the largest banks in Poland. They predict Poland will face a deep slowdown in growth, but no recession.

May 25, 2023

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Bank Polska Kasa Opieki SA or Pekao (WSE: PEO / FRA: BP1) is one of the largest banks in Poland that was founded in 1929 to serve Poles living abroad. The bank predicts Poland will face a deep slowdown in growth, but no recession.

Pekao is one of the most resilient and capital generative banks in Europe with a defensive and diversified balance sheet and…

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