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Report: Bank Pekao to launch London office

Bank Pekao SA plans to open a representative office in London, becoming the first Polish leader to establish a presence in the U.K., the bank's deputy head Roksana Ciurysek-Gedir said, Puls Biznesu reported Sept. 5.

Pekao, which is part of state-controlled PZU SA Group, will also consider branches in additional countries, the executive said.

In a separate Sept. 4 filing, the bank said it signed a strategic partnership with Microsoft to implement a program aimed at supporting Poland's economic development by promoting various digital solutions, especially for small and medium-sized businesses.