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PKO BP's net profit decreased

10:01

The Polish lender PKO Bank Polski (BP)  noted a decrease in consolidated net profit.  In the second quarter of 2015 it amounted to PLN 702,88 million, whereas last year the net profit was PLN 855,55 million. Still the profit exceeded the market consensus, which equaled PLN 645 million. ISBnews reports that analysts expected it to be between PLN 604 - 667 million. It follows that the actual net profit of PKO BP is higher than anticipated. In the first and second quarter of 2015 the bank achieved a consolidated net profit of PLN 1,350.06 million, which is less than the PLN 1,658.13 million gained in the analogous term last year. PKO Bank Polski is the leader in the Polish banking sector. Since 2004 its stocks are noted on the Warsaw Stock Exchange.    

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