Poland - Factors to Watch July 28

Bank Millennium SA

28/07/2026 06:57

WARSAW, July 28 - The following are significant news stories, press reports and events on Tuesday. ALL TIMES GMT (Poland: GMT + 2 hours):

BANK MILLENNIUM
Polish lender Bank Millennium MILP.WA reported a 23% rise in its quarterly net profit on Tuesday, topping market expectations, as lower provisions for Swiss-franc mortgages offset a hit from lower interest rates, higher taxes, and funds set aside for legal risks tied to consumer credit.

BANK EARNINGS
Analysts estimate that the nine largest banks listed on the Polish stock exchange will post a combined net profit of approximately 9.15 billion zlotys  ($2.40 billion) for the second quarter. This is about 1.5% less than a year earlier, but 13% more than in the first quarter of 2026, Parkiet daily   reported.

TNT PRODUCER NITRO-CHEM
Poland's Nitro-Chem, a major supplier of trinitrotoluene (TNT) for NATO countries' armies, has signed a letter of intent with defence company BAE Systems BAES.L to build a production plant in Britain, the Polish Defence Ministry said on Monday.

FUEL PRICES
Poland may take action to lower fuel prices   again if they remain volatile, possibly in the last two weeks of August when many Poles will be returning from their summer holidays, Prime Minister Donald Tusk said on Monday.
        
****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****

For other related news, double click on:
 Polish equities       PL-E     E.Europe equities     .CEE
 Polish money          PL-M     Polish debt           PL-D 
 Eastern Europe        EEU      All emerging markets  EMRG
 Hot stocks            HOT      Stock markets         STX
 Market debt news      DBT      Forex news            FRX
 
 For real-time index quotes, double click on:
 Warsaw WIG20 .WIG20  Budapest BUX .BUX  Prague PX .PX

($1 = 3.8052 zlotys)

 (Reporting by Warsaw Bureau)
 ((warsaw.newsroom@reuters.com; tel. +48 22 6539700))