Pekao Q3 net down 26 pct, bad loans hurt

WARSAW, Nov 10 (Reuters) - Pekao BAPE.WA Poland's largest corporate lender, reported a 26-percent net-profit drop in the third quarter due to mounting provisions for bad loans and tight interest margins, beating analysts' expectations.

The lender, controlled by Italy's UniCredit (CRDI.MI), earned 620 million zlotys ($220 million) compared with 534 million seen in a Reuters poll of analysts. (Reporting by Chris Borowski)