Polish insurer PZU to decide on bank assets in Q3, rules out delisting

Powszechny Zaklad Ubezpieczen SA

27/03/2025 13:24

GDANSK, March 27 (Reuters) - Poland's leading insurer PZU PZU.WA will announce a decision on the future of its banking assets at the beginning of the third quarter, CEO Andrzej Klesyk said on Thursday, adding that there are no plans to delist any of the banks.

In December, the insurer unveiled its 2025-2027 strategy, which included considering the sale of its 32% stake in Alior Bank ALRR.WA to Pekao PEO.WA, in which it holds 20%, as part of efforts to streamline its corporate structure.

 (Reporting by Rafal W. Nowak; Editing by Jan Harvey)

 ((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))