Skip to content
Advertisement

Business

Bank Pocztowy's profits up in H1 y/y

13:38

State-owned Bank Pocztowy reported consolidated net profits of PLN 22.5 million in the first half of 2015,  compared to PLN 22 million in the corresponding period last year. However, the result form interest altered. This year, it amounted to PLN 125.7 million and last year it stood at PLN 133 million. So did the result from commission, which this year totaled PLN 25.2 million as opposed to PLN 33.2 million last year. Bank Pocztowy was created in Bydgoszcz in 1990. State-owned postal operator Poczta Polska owns a 75 percent stake in the lender, and PKO Bank Polski - a 25 percent stake.  

More from Business All