Banking tax will hit BZ WBK’s profits by PLN 405 million

Listed lender BZ WBK said on Monday that its net profit will shrink by PLN 405 million in 2016 as a consequence of a new levy imposed on banks. “[…] according to preliminary estimations the tax will result in the Bank’s profit-after-tax for 2016 being decreased by approx. PLN 405 mln,” a filing read. The…

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