GUS: Banks net results up to PLN 16.2 billion
15:35
"In 2014, the net financial result of the banking sector amounted to PLN 16.2 billion, an increase of 7.1 percent year-on-year. As many as 615 lenders recorded a net profit, while only 15 generated a net loss," a report by Central Statical Office (GUS) reads.
The sector's net interest income stood at PLN 37.1 billion in 2014, an increase of 1.7 percent year-on-year. Net fees and commissions came in at PLN 13.5 billion, a growth of 0.7 percent. Banks' revenues from dividends in 2014 amounted to PLN PLN 1.2 billion, an increase of 54.2 percent.
Banks' operating costs decreased by 1.3% to PLN 27.1 billion, of which staff costs accounted for 55.5 percent, i.e. PLN 15 billion (down by 1.7%) and general and administrative expenses decreased by 0.9 % and amounted to PLN 12.1 billion.
