Locked content Banking sector net profit at PLN 9.39 bln end-July

Poland’s banking sector recorded an aggregated net profit of PLN 9.39 billion in January-July 2015, according to data from the Financial Supervision Authority (KNF). It fell by 9.7 percent year-on-year. Net income from banking activity stood at PLN 32,48 billion and fell by 5.9 percent y/y. Banks...

Locked content Banking sector net profit at PLN 7.96 bln end-June

Poland’s banking sector recorded an aggregated net profit of PLN 7.96 billion in January-June 2015, according to data from the Financial Supervision Authority (KNF). It fell by 8.2 percent year-on-year. Net income from banking activity stood at PLN 27.92 billion and fell by 4.9 percent y/y. Banks...

Locked content PZU eyes BOŚ Bank – Bloomberg

Poland’s biggest insurer, PZU, is looking for an opportunity to acquire some stake at state-controlled BOŚ Bank, Bloomberg reported citing two sources. However, the talks have not been initiated yet. A 57 percent stake at the lender is owned by the National Fund for Environmental Protection an...

Locked content Number of online banking users up by 3.15% y/y

As of the end of Q1, the number of individual customers with an access to the online banking reached 25.996 million, an increase of 15.7 percent year-on-year, however only 13.162 million of them are classified as active users, that is 3.15 percent more than in the same period last year, according to...

Polish lenders set up funds for franc-borrowers

This year, Polish banking is going to commit up to PLN 800 million to support mortgage borrowers.  Poland’s Bank Association signed a declaration on Wednesday, according to which the Mortgage Restructurization Fund and internal stabilizing funds will be established, the media reported.

Locked content Banking sector net profit at PLN 4.04 bln in Jan-March

Poland’s banking sector recorded an aggregated net profit of PLN 4.04 billion in January-March 2015, according to data from the Financial Supervision Authority (KNF). It grew by 1.6 percent year-on-year. Net income from banking activity stood at PLN 48.4 billion and grew by 4.91 percent y/y. Banks&#...