Millennium bcp Nine-Month Profit Jumps 12.6%, Beating Expectations
Portugal’s largest listed bank reported a 12.6% rise in nine-month net profit on Wednesday, as resilient lending margins offset ECB rate cuts and mortgage charges at its Polish unit fell sharply.
Portugal's largest listed bank, Millennium bcp EURONEXT:BCP, posted a 12.6% jump in nine-month net profit on Wednesday, beating expectations as resilient lending margins weathered ECB rate cuts, while mortgage charges at its Polish unit fell sharply.($1 = 3.9600 zlotys)($1 = 0.8993 euros)