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BRIEF-Getin Noble Bank Q2 results to be impacted by merger, impairments
September 6, 2017 / 6:38 AM / 3 months ago

BRIEF-Getin Noble Bank Q2 results to be impacted by merger, impairments

Sept 6(Reuters) - GETIN NOBLE BANK SA:

* SAID ON TUESDAY THAT ITS Q2 RESULTS TO BE IMPACTED BY MERGER OF NOBLE FUNDS TFI SA WITH OPEN FINANCE TFI SA

* THE PROFIT FROM THAT TRANSACTION IS TO RAISE FINANCIAL RESULT BY 153.0 MILLION ZLOTYS

* Q2 RESULTS TO BE LOWERED BY IMPAIRMENT OF 103.1 MILLION ZLOTYS ON VALUE OF INVESTMENTS IN UNITS AND BY IMPAIRMENT OF 47.6 MILLION ZLOTYS ON VALUE OF INVESTMENTS IN ASSOCIATED COMPANIES

* COMPANY IS DUE TO REPORT Q2 RESULTS ON SEPT. 8

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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