Picture of Powszechna Kasa Oszczednosci Bank Polski SA logo

PKO Powszechna Kasa Oszczednosci Bank Polski SA News Story

0.000.00%
pl flag iconLast trade - 00:00
FinancialsAdventurousLarge CapTurnaround

Poland's PKO BP posts 13% profit rise for second quarter

GDANSK, Aug 13 (Reuters) - Poland's biggest bank PKO BP PKO.WA reported a 13.2% year-on-year rise in its second-quarter profit on Wednesday, driven by a higher net interest income.

The largest Polish bank by total assets posted a net profit of 2.66 billion zlotys ($730.7 million) for the quarter, beating market expectations of 2.55 billion zlotys, according to consensus data it had compiled.

Its quarterly net interest income grew 21.7% to 6.15 billion zlotys.

($1 = 3.6403 zlotys)

(Reporting by Adrianna Ebert, editing by Milla Nissi-Prussak)

((Adrianna.Ebert@thomsonreuters.com; +48 58 769 65 88;))

Recent news on Powszechna Kasa Oszczednosci Bank Polski SA

See all news