PKO BP Q1 profit down

WSE-listed PKO BP posted a PLN 525 million attributable net profit in Q1, down by 17.8 percent y/y PKO’s total assets increased by 1 percent q/q to PLN 288.5 billion, loans remained flat at PLN 200.6 billion. Deposits were up by 1 percent to PLN 207.1 billion. Net interest income increased to PLN 2.04 billion, up by 10.4 percent y/y.