BPH Bank with lower results y/y
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BPH Bank noted PLN 33.52 million consolidated net profit in Q2 2014. Last year result was higher, with PLN 44.55 million profit, bank reported.
Lender's revenue from interest was PLN 231.42 million, in comparison to PLN 244.12 million a year before. The result of the fee and commission income fell to PLN 88.20 million from PLN 93.88 million in 2013.
Combined bank's assets at the end of H1 made up PLN 31.57 billion, in the face of PLN 33.00 billion at the end of 2013. During the first half of 2014 bank had generated PLN 61.51 million of consolidated net profit for its shareholders. The figure had been PLN 86.39 million a year before.
The net profit of the company in H1 2014. was PLN 75.93 million. In 2013 it was as high as PLN 190.12 million