Banking
PKO BP shares may cost 167-200 zloty
Shares of PKO BP, Poland?s biggest lender, could be worth between 167 and 200 zloty after its IPO this fall based on valuation of other banks already listed on the WSE. State-owned bank could earn as much as 1.43 billion zloty ($390 million) this year, chief executive Andrzej Podsiadło said earlier. However, based on more conservative minimum profit estimate of PLN 1.23 billion and the price of 167 zloty per...