Bank BPH with net loss of PLN 1.09 bln
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Bank BPH generated a consolidated net loss of PLN 1.09 billion in Q4 2015, compared with a net profit of PLN 10.63 million in Q4 2014, the company reported.
In 2015, the bank's consolidated net loss amounted to PLN 1.07 billion, in comparison with a profit of PLN 111.8 million a year earlier.
BPH’s net interest income amounted to PLN 211.2 million, versus PLN 233.2 million in the same period a year before. Total assets of the bank equaled PLN 31.3 billion in Q4 2015, in comparison with PLN 31.6 billion in Q4 2014.
Bank BPH was established in 1989 as the result of a spin-off from the structures of the National Bank of Poland. In 1995, Bank BPH went public and since then has been listed on the Warsaw Stock Exchange.
