Banks' profits down by almost half in 2020
21:16
The net profit of the banking sector in 2020 amounted to PLN 7.77 billion, which means that it fell by 43.8 percent y/y, the Polish Financial Supervision Authority (KNF) announced in a report. In December 2020 alone, the net loss of the sector amounted to PLN 128.4 million.
The net profit of the banking sector in the last quarter of 2020 amounted to PLN 1.82 billion…
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