BZWBK reports over 30 percent decline in net profit

The third-biggest Poland’s lender reported in Q4 2014 a 32-percent decrease in its net profit year-on-year, the company informed on Tuesday. The net profit dropped to PLN 445 million y/y, less that the experts surveyed by Reuters predicted (PLN 437 million). Bank Zachodni WBK is a unit of Spain's Banco Santander.