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Polish BZ WBK Offers PLN584.6 Million In Dividend Payout

03/01/2012 | 03:05am US/Eastern

Management of Poland's Bank Zachodni WBK SA (BZW.WA), a unit of Spain's Banco Santander SA (>> Banco Santander, S.A.), Thursday said it offered shareholders 584.61 million zlotys ($189 million) in dividend payments from its 2011 earnings.

The payout amounts to PLN8 per share.

Santander owns 96% of BZ WBK and earlier this week agreed to merge the bank with Belgian KBC Group's (>> KBC) local unit Kredyt Bank (KRB.WA).

-By Patryk Wasilewski; Dow Jones Newswires; +48 22 447 2430; patryk.wasilewski@dowjones.com

Stocks mentioned in the article : KBC, Banco Santander, S.A., Bank Zachodni
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