April 26, 2018 / 6:12 AM / 5 months ago

BRIEF-Getin Noble Bank FY Net Loss Widens To 574.9 Mln Zlotys

April 26 (Reuters) - GETIN NOBLE BANK SA:

* FY NET FEE AND COMMISSION INCOME 154.1 MILLION ZLOTYS VERSUS 126.4 MILLION ZLOTYS YEAR AGO

* FY NET INTEREST INCOME 1.30 BILLION ZLOTYS VERSUS 1.32 BILLION ZLOTYS YEAR AGO

* FY NET LOSS 574.9 MILLION ZLOTYS VERSUS LOSS OF 58.5 MILLION ZLOTYS YEAR AGO

* THE VALUE OF IMPAIRMENTS BOOKED IN Q4 WAS ONE OF DETERMINANTS OF THE REPORTED NET RESULT, the company says in its letter to shareholders

* ON APRIL 25, THE BANK INFORMED ABOUT THE IMPAIRMENTS BOOKED IN Q4 2017 AND Q1 2018

* THE VALUE OF FY 2017 IMPAIRMENTS RELEVANT TO LOSS OF VALUE OF FINANCIAL ASSETS AND RESERVES FOR OFF-BALANCE SHEET LIABILITIES WAS AT 1.26 BLN ZLOTYS VERSUS 700.1 MILLION ZLOTYS YEAR AGO Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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