Brief: BNP Paribas Bank Polska Sees CHF Mortgage-related Provisions In Q4 At About 383 Mln Zlotys

BNP Paribas Bank Polska SA

12/01/2023 16:34

Jan 12 (Reuters) - BNP Paribas Bank Polska SA  BNP1.WA :
    * ESTIMATED PROVISIONS FOR CHF MORTGAGE LOANS IN Q4 AT ABOUT
383
MILLION ZLOTYS
    * INCREASE IN PROVISIONS IS DUE TO NEW COURT CASES AS WELL
AS
SETTLEMENTS WITH CLIENTS
    * CORRECTS IMPACT OF CREDIT VACATIONS IN Q3 BY 70 MILLION
ZLOTYS
WITH POSITIVE IMPACT ON NET INTEREST INCOME IN Q4
    * Q4 ADMINISTRATIVE COSTS TO BE LOWERED BY 58 MILLION ZLOTY
CONTRIBUTION TO BORROWER RELIEF FUND FOR Q3

Source text for Eikon:  ID:nEMbwY6kya 
Further company coverage:  BNP1.WA 
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