Banks’ net profit grows 75 percent y/y in June

Poland’s banking sector recorded an aggregated net profit of PLN 2.73 billion in June, an increase of 75.5 percent y/y,  according to data from the central bank NBP. The growth is mainly the result of one-off revenues from the Visa merger transaction. In Q2, it amounted to PLN 4.82 billion and was 27.9 percent higher…

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