Skip to content
Advertisement

Business

Getin Noble Bank net loss widens to PLN 575 mln in 2017

22:50

Getin Noble Bank recorded a net loss attributable to shareholders of PLN 574.94 million in 2017. This is almost ten times more compared to a loss of PLN 58.55 million in 2016. Getin Noble Bank S.A. Group net loss amounted to PLN 573.3 million. The result was negatively affected by net impairment losses and increase of fees to Bank Guarantee Fund. Getin Noble Bank S.A. is currently implementing a plan for sustainable improvement in profitability approved by Polish Financial Supervision Authority (KNF) in September 2016.

More from Business All