Member access

4-Traders Homepage  >  Shares  >  Italian Stock Exchange  >  UniCredit SpA    UCG   IT0004781412

UNICREDIT SPA (UCG)

100
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Bank Pekao Sees 2012 Result At Last Year's Level -CEO

05/10/2012 | 07:13am US/Eastern

Bank Pekao SA (PEO.WA), Poland's second-largest bank by assets, expects its 2012 financial result at last year's level, Chief Executive Luigi Lovaglio told a press conference Thursday.

Net profit at the UniCredit Spa (>> UniCredit SpA) unit rose 15% on the year in 2011 to 2.9 billion zloty ($887 million).

Results for each of the remaining three quarters of this year won't be worse than in the first quarter, Lovaglio also said. Pekao said earlier Thursday its net profit rose 9.6% to PLN710.6 million, beating market expectations.

Lovaglio added Pekao hopes to grow faster than the market, and that the sales target of PLN10 billion for new loans this year looked realistic.

-By Patryk Wasilewski and Marcin Sobczyk, Dow Jones Newswires; +48 22 447 2432; marcin.sobczyk@dowjones.com

Stocks mentioned in the article : UniCredit SpA
React to this article
Latest news on UNICREDIT SPA
03/05 EXCLUSIVE : Commerzbank nears $1.4 billion-plus settlement with U.S. - sources
03/02 Top UK economic forecaster says sharp inflation rise a risk - Reuters poll
02/28 UNICREDIT : completes first BPO in Italy
02/27 UNICREDIT : first in Italy to complete a BPO (Bank Payment Obligation) transacti..
02/26 UniCredit denies rumours of Mediobanca pact breakdown
02/26 UNICREDIT : issues a 10 year Covered Bond (OBG) benchmark of Euro 1 Billion
02/26 ECB's Nowotny opposes ejecting Russia from SWIFT system
02/26 UNICREDIT : well above the specifical capital requirement set by ECB
02/26 Barclays, Erste Group, JP Morgan, UniCredit to arrange Croatia's new Eurobond..
02/26DJItaly Sells 5.74% of Enel
Advertisement
Chart
Duration : Period :
UniCredit SpA Technical Analysis Chart | UCG | IT0004781412 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF