Bad Loans To Sink Polish Bank Profits

10 Jul 2012

Bad loan provisions from an economic slowdown will contribute to a 30% decline in Polish bank profits by the end of 2014, according to the National Bank of Poland. The central bank says the banking sector posted record profits of 14.8 billion zlotys ($4.29 billion) between April 2011 to March 2012.

Bad loan provisions from an economic slowdown will contribute to a 30% decline in Polish bank profits by the end of 2014, according to the National Bank of Poland. The central bank says the banking sector posted record profits of 14.8 billion zlotys ($4.29 billion) between April 2011 ...

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