PKO BP Reports 3.4% Rise in Third-Quarter Profit
Poland’s biggest bank said higher interest income and lower provisions for Swiss franc-linked mortgages supported profit, offsetting the impact of a higher corporate tax rate.
Poland's biggest bank PKO BP GPW:PKO on Thursday reported a 3.4% rise in its third-quarter profit supported by higher interest income, while lower provisions for Swiss franc-tied mortgages offset the impact of a higher corporate tax rate.Polish banks earned a record 49 billion zlotys ($12.6 billion…