Polski Instytut Kontroli Wewnętrznej

Wiadomości

2009-08-04

Profits Plunge 50% for Banks

Profits Plunge 50% for Banks

August 4, 2009

Net profits in Poland's banking sector plunged a massive 50% to zl.4.33bn in the first half of this year from zl.8.64bn in the same period in 2008, market regulator KNF said in a report.

Commercial banks accounted for zl.3.97bn of the H1 profits, and cooperative banks zl.360m.

(PAP Market Insider)