Brief: BNP Paribas BP Q1 Net Profit Up At 590.6 Mln Zlotys

BNP Paribas Bank Polska SA

14/05/2024 05:51

May 14 (Reuters) - BNP Paribas Bank Polska SA  BNP1.WA :
    * Q1 NET PROFIT 590.6 MILLION ZLOTYS VERSUS 488.0 MILLION
ZLOTYS
YEAR AGO
    * Q1 NET INTEREST INCOME 1.40 BILLION ZLOTYS VERSUS 1.20
BILLION
ZLOTYS YEAR AGO
    * Q1 NET FEE AND COMMISSION INCOME 335.1 MILLION ZLOTYS
VERSUS
325.1 MILLION ZLOTYS YEAR AGO
    * BY MARCH 31, 2024, IN 1,655 FINALISED PROCEEDINGS, THERE
WERE
334 JUDGMENTS IN FAVOUR OF THE BANK
    * 237 JUDGEMENTS WERE IN CONNECTION WITH COURT SETTLEMENTS,
AND IN
1,321 CASES THE COURTS RULED AGAINST BANK, DECLARING LOAN
AGREEMENT INVALID OR PERMANENTLY INEFFECTIVE
    * TOTAL IMPACT OF LEGAL RISK RELATED TO LITIGATION
RECOGNISED IN
THE BANK'S STATEMENTS AS OF MARCH 31, 2024, WAS AT 3.06 BLN
ZLOTYS
    * OUT OF THE TOTAL 3.06 BLN ZLOTY COST OF LEGAL RISK RELATED
TO
LITIGATION RECOGNISED AS OF MARCH 31, IMPACT ON THE BANK'S Q1
2024 INCOME STATEMENT AMOUNTED TO 21.0 MLN ZLOTYS

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Further company coverage:  BNP1.WA 

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