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BOŚ with declines in net profit in H1 2021, but the brokerage house is doing it

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BOŚ with declines in net profit in H1 2021, but the brokerage house is doing it
Source: BOŚ Bank

Bank Ochrony Środowiska (BOŚ) recorded PLN 6.86 million of consolidated net profit attributable to shareholders of the parent company in the first half of 2021 compared to PLN 39.68 million profit a year earlier.

"The group's results were adversely affected by interest rates at a historically low level, due to decisions of the Monetary Policy Council to lower them by a total of 140 basis points in the period from March to May 2020.

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