Brief: BNP Paribas Bank Polska Sees 700-915 Mln Zlotys Of Negative Impact To Fin Results Due To Credit Vacations

BNP Paribas Bank Polska SA

15/07/2022 16:46

July 15 (Reuters) - BNP Paribas Bank Polska SA  BNP1.WA :
    * SEES TOTAL AMOUNT OF BETWEEN ABOUT 700 MILLION ZLOTYS AND
ABOUT
915 MILLION ZLOTYS OF NEGATIVE IMPACT ON BANK'S FIN RESULTS DUE
TO CREDIT VACATIONS
    * APPROVED RECOGNITION OF SAID 700 MILLION ZLOTYS IN JULY
    * IMPACT CALCULATED ON BASIS OF ASSUMPTION THAT 50-60% OF
ELIGIBLE
CLIENTS WILL PARTICIPATE IN CREDIT VACATIONS
    * ALSO ESTIMATES THAT EXTRA PAYMENTS FOR BORROWER AID FUND
MAY
AMOUNT TO ABOUT 50 MILLION ZLOTYS AND WILL IMPACT H2 FIN RESULTS

Source text for Eikon:  ID:nEM4ZQSF1a 
Further company coverage:  BNP1.WA 

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