PKO Gains Most This Month on PAP Report BGK Won’t Sell Stake

PKO Bank Polski SA (PEO), Poland’s biggest lender, advanced the most this month after PAP newswire reported Bank Gospodarstwa Krajowego has no plans to sell its 10 percent in PKO this year.

The shares rose 1.6 percent to 33.42 zloty, the most since March 30, at 9:12 a.m. in Warsaw.

Bank Gospodarstwa Krajowego, a Polish state-owned bank, doesn’t intend to sell the holding this year, PAP said, citing Deputy Finance Minister Dominik Radziwill, the chairman of BGK’s supervisory board, according to the newswire.

To contact the reporter on this story: Piotr Bujnicki in Warsaw pbujnicki@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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