BZ WBK with higher profits in Q2

Commercial lender Bank Zachodni WBK reported a consolidated net profit of PLN 723.5 million in Q2, compared with PLN 541.64 million in Q2 2015, the bank informed in a report. The bank's assets stood at PLN 142.25 billion at the end of Q2 2016, versus PLN 133.05 billion in the previous year. The lender's net interest income stood at PLN 1.15 billion, while net fees and commission came in at PLN 470.8 million, a report read. Bank Zachodni WBK (BZ WBK) is the third largest bank in Poland in terms of asset value and number of outlets. In 2015, the bank recorded a profit of PLN 2.32 billion.