25 Nov 2015 07:00
UNOFFICIAL TRANSLATION
Report 25/2015: Information from the Bank Guarantee Fund about payment from the protection fund of guaranteed funds
Management Board of Bank Pekao S.A. ("the Bank") hereby informs that on 23 November 2015 the Bank received an information from Bank Guarantee Fund ("BFG"), that according to Article 26a.2 Act on Bank Guarantee Fund the Bank will be obliged to make the obligatory contribution for the purpose of payments of the funds guaranteed for the deposits in the Spółdzielczy Bank Rzemiosła i Rolnictwa w Wołominie (the Co-operative Crafts and Agriculture Bank in Wołomin). According to the BFG estimate the amount of the contribution will be approximately 37% of the protection fund of guaranteed funds established for the year 2015.
The Bank estimates that in the case of providing contribution, it amount will be approximately PLN 243 million. The above amount shall have an impact on the financial results of the Bank for Q4 2015 and will be tax deductible. The Bank will inform in a separate report about the actual amount and the date of the contribution upon receiving an information from BFG.
Legal basis: Art. 56 section 1 point 1 of the Act of 29 July 2005 on the Public Offering, the Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies in connection with Article 154 of the Act on Trading in Financial Instruments of 29 July 2005