PKO BP profit could exceed PLN 3 bln - CEO

WSE-listed, state-owned lender PKO BP might exceed PLN 3 billion in profit this year, according to its CEO Zbigniew Jagiełło. “Looking at the current situation, it seems that investors' expectations should be met by PKO BP, and I do maintain that PKO BP may exceed the PLN 3 billion net profit threshold in 2017,” he told the Polish Press Agency PAP. At end-Q3, the bank's attributable net profit amounted to PLN 2.28 billion. Back in October, Jagiełło said that he expects to beat the PLN 3 billion threshold in 2018.