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Raiffeisen Polbank Q3 profit way down

21:31

Raiffeisen Polbank, had a PLN 26.6 million attributable net profit at the end of Q3, down by 76 percent, the bank said in a market filing. Net interest income amounted to PLN 831.7 million, compared to PLN 752.91 million the year before while net fee income inched down by 1 percent to PLN 438.1 million. Total assets declined by 8.1 percent to PLN 48.9 billion compared to at end-2016. Loans dropped by 0.9 percent.

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