BGŻ BNP Paribas posts profit of PLN 33.4 mln in Q2

Commercial lender BGŻ BNP Paribas posted a PLN 33.4 million attributable net profit in Q2 2016, which is 6.7 percent higher on a quarterly basis, the bank informed. Net interest income inched up by 5.8 percent q/q to PLN 460.5 million, while net fees decreased by 0.9 percent q/q to PLN 121.9 million. The total value of assets stood at PLN 69.7 billion at the end of Q2 2016, which means a 5.2 percent q/q growth. BGŻ Bank was established in 1975 and is currently owned by BNP Paribas Group, a financial services company with global headquarters in Paris . It has been listed on the WSE since 2011.