Handlowy confirms H1 results

Bank Handlowy, the Polish unit of Citigroup, posted a PLN 266.2 million net profit in H1, confirmed the company statement. The report confirms all numbers provided by the bank in a preliminary release from August 1. In core earnings, the bank enjoyed a 3.1 percent quarter-on-quarter increase in net interest income to PLN 302.1 million and a 6.5 percent quarterly gain in fee income to PLN 167.1 million