Bank Pekao net profits down in Q4 y/y

Commercial lender Bank Pekao recorded a consolidated net profit of PLN 438.4 million in Q4 2015, compared with PLN 691 million in the same period of the previous year, the lender informed in a report. The bank's net interest income totaled PLN 1.06  billion in Q4 2015, compared with PLN 1.05 billion in Q4 2014. Net fees and commissions came in at PLN 503.9 million, compared with PLN 499.6 million in Q4 2014. In the whole of 2015, the lender generated PLN 2.29 billion in net profits, versus PLN 2.71 billion in 2014.