PKO BP lending increases to PLN 221 bln in Q2

Net loans and advances granted to PKO Bank Polski clients amounted to PLN 221.3 billion at the end of the second quarter of 2018 – an increase of 3.4 percent y/y – the institution said. The share of impaired loans (NPL) fell by 0.5 percentage points y/y to 5.2 percent in the second quarter.

In the structure of net financing granted to the group, the main item is mortgages (49.4 percent of the portfolio at the end June 2018), and the volume increased by PLN 3.2 billion during the year.

PKO Bank Polski is the leader of the Polish banking sector. The total assets of the bank amounted to PLN 296.91 billion at the end of 2017.


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