BZ WBK net profit at PLN 556 mln in Q1

Commercial lender BZ WBK reported a consolidated net profit of PLN 556 million in Q1, compared with PLN 1 billion in Q1 2015, the bank informed in a report. The bank's assets stood at PLN 137.79 billion at the end of Q1 2016, versus PLN 131.4 billion in the previous year. The lender's net interest income stood at PLN 1.12 billion in Q1 2016 versus PLN 1.05 billion in Q1 2014. Net fees and commission came in at PLN 472.7 million, compared with PLN 458.2 million in the previous year.