Raiffeisen Bank Polska net profit up by 13.4%

Commercial lender Raiffeisen Bank Polska recorded a consolidated a net profit that is 13.4 percent higher y/y, earning PLN 48.88 million in Q1 2015, the lender informed in a report. The lender's gross profit grew by 15.1 percent to PLN 74.2 million. In April, Raiffeisen Bank International said that it plans to list part of its Polish business by mid-2015 and and hopes to sell the whole business by the start of 2016.