Idea Bank more than triples its profits in Q2 y/y

Idea Bank, part of the Getin Holding group, had a net profit of PLN 117.92 million in Q2 2015, compared with PLN 33.48 million, according to a statement issued by the company. The total value of assets grew by almost PLN 1 billion to PLN 16.05 billion. The lender's net interest income came in at PLN 72.88 million in Q2 2015 versus PLN 80.62 million in Q2 2014. Net fees and commissions totaled PLN 127.63 million, compared with PLN 62.38 million in the previous year. Idea Bank, a part of Getin Holding, specializes in providing financial services to micro, small and midium-sized companies.