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Poland's top lender PKO expects higher earnings in 2014
September 1, 2014 / 9:57 AM / 3 years ago

Poland's top lender PKO expects higher earnings in 2014

WARSAW, Sept 1 (Reuters) - Poland’s largest lender PKO BP expects to report a rise in its 2014 earning on an annual basis, its Chief Executive Zbigniew Jagiello said on Monday.

Net profit of the state-controlled lender fell to 3.2 billion zlotys ($999 million) last year from 3.7 billion in 2012, reflecting the impact of record-low interest rates. (1 US dollar = 3.2036 Polish zloty) (Reporting by Marcin Goclowski; Writing by Adrian Krajewski)

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