BZ WBK share price dented despite good Q2 profit

Despite this, the financial institution shared the fate of its competitor, BRE Bank, which saw its share price fall after a similar announcement a few days earlier. BZ WBK, which is the sixth largest bank in terms of the value of funds, made a H1 profit of zł.559 million, a figure 32% more than in the same period of 2006. This means that after PKO BP, Pekao and BPH, BZ WBK might become the fourth bank on the market which will post an annual net profit exceeding zł.1 billion. However, the company's management does not want to reveal its projections for the whole year. (Dziennik, Wall Street Journal Polska, p. 10; Puls Biznesu, p. 8; Rzeczpospolita, p. B5) A.K.