Poland - Factors to Watch October 29

WARSAW, Oct 29 - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):

BANK PEKAO SA PEO.WA

Bank Pekao PEO.WA reported an about 20% drop in its third-quarter profit mainly due to the higher income tax Poland levied on domestic banks to fund defence spending, but still beat market expectations on Thursday.

MBANK MBK.WA

Poland's mBank MBK.WA, a unit of Germany's Commerzbank CBK.DE, expects its corporate and retail loan portfolio to grow at a double-digit rate in 2027, the company's Chief Financial Officer Pascal Ruhland told Reuters on Wednesday.

BUDIMEX BDXP.WA

Budimex BDXP.WA CEO Artur Popko said that in its new strategy, the company wants to capitalize on opportunities in the defense and energy sectors, Rzeczpospolita daily reported.

EQUINOR

Equinor EQNR.OL has discovered recoverable gas volumes more than twice as large as previously estimated in the Afrodite well near the Kvitebjorn field in the North Sea, the Norwegian group said on Thursday.

****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****

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($1 = 3.9494 zlotys)