Bank Pekao will not change its name until 2029

At a press conference, Bank Pekao's president, Stypułkowski, discussed the potential for a name and logo change, indicating a high likelihood of rebranding by 2029. He acknowledged the bank's identity issues and mentioned that 'Polbank' is a possible new name, which he has reserved as a precaution. The decision-making process regarding the name change is still ongoing, with a focus on establishing a new identity for the bank. Pekao, founded in 1929, is a major financial institution in Central and Eastern Europe, currently facing a decline in profits due to increased income tax.