PKO BP Q3 net profit grows

WSE-listed, state-controlled lender PKO BP had a PLN 902 million consolidated net profit a 17.3 percent y/y growth. Net interest income amounted to PLN 2.19 billion vs. PLN 1.97 billion a year earlier. Net fee and commission income amounted to PLN 766 million compared to PLN 686 million last year. At end-Q3, bank assets amounted to PLN 289.96 billion, up from PLN 285.57 billion at the end-2016. For Q1-Q3, PKO BP posted a PLN 2.284 billion net profit, slightly up from PLN 2.281 billion last year.