Bank Handlowy Q1 profit down from prelim. figures

WSE-listed Bank Handlowy had a PLN 42.7 million net profit in Q1 2017, below previous estimates for PLN 60 million, posted in the company’s preliminary financial figures. In Q1 2016 Handlowy netted group PLN 104.4 million. The difference comes, among others, an increased contribution to the banking guarantee fund which amounted to PLN 60.9 million,…

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