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Bank Millennium's profits falls

16:09

Polish Bank Millennium owned by Portuguese BCP recorded a 66-percent annual decrease in its fourth-quarter net profits, mainly due to sector-wide payments to bank guarantee and borrowers support funds, as well as a fine imposed by the antimonopoly office, the lender said. Millennium's net profits stood at PLN 53 millionin the fourth quarter, which was below analysts' forecasts of PLN 59 million.  

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