BCP Poland Results, Q2 2015

Page created: Monday, 27 July 2015 8:30GMT | Updated: Monday, 3 August 2015 12:25GMT

Press Release:  27 July 2015 - 2 Page(s)
Tags:
BCP  BCP Poland  Earnings Reports  Poland

Consolidated net profit at PLN 328 million (€79 million) in 1H2015, a 2.4% increase versus 1H2014, and at PLN 165 million (€40 million) in 2Q2015, a 1.6% increase compared 1Q2015. This increase was in spite of the negative pressure on banking income caused by several drivers, including lower market interest rates and regulatory limits on card-related fees. A slight decrease in net operating income (-2% y/y) was more than compensated by a drop in operating costs (-1.6% y/y) and lower provisions on credit risk (-9% y/y)


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Original title:  Banco Comercial Português informs about Bank Millennium (Poland) results in 1H15

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Monday, 27 July 2015 14:42