Bank Millenium net profit at PLN 137.2 mln in Q1

Commercial lender Bank Millennium reported a consolidated net profit of PLN 137.2 million in Q1 2016, compared with PLN 162.6 million in Q1 2015, the bank informed in a report. The bank's assets stood at PLN 65.32 billion, thus they were two percent higher than in the same period last year. The lender's net interest income came in at PLN 351.1 million in Q1 2016 versus PLN 356.5 million in Q1 2015. Net fees and commissions totaled PLN 134.4 million, compared with PLN 156,8 million in the previous year.