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Name | Symbol | Market | Type |
---|---|---|---|
mBank SA (PK) | USOTC:BREJY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 4.42 | 7.28 | 8.38 | 0.00 | 19:26:58 |
By Patryk Wasilewski
WARSAW--Poland's BRE Bank SA (BRE.WA), a unit of Germany's Commerzbank AG (CBK.XE), plans to gradually increase its dividend payout ratio after proposing to pay 33% of last year's profit as dividends, said Chief Executive Cezary Stypulkowski.
The bank's 2012 net profit totaled 1.2 billion zlotys ($387 million).
BRE Bank would be "disappointed" if profit this year is below PLN1 billion, said Joerg Hessenmueller, the bank's chief financial officer.
Write to Patryk Wasilewski at patryk.wasilewski@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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