Poland: Banks Post Profit of PLN 25bn

Businessn.a. ♦ Published: April 2, 2014; 12:11 ♦ (Vindobona)

In the financial year of 2013 Polish banks posted profits of more than PLN 25bn, as reported by Polish daily Dziennik Gazeta Prawna citing figures by the Polish Financial Market Regulator KNF.

Polish banks gained more than PLN 25bn in profit. / Picture: © Vindobona.org

Return on Earnings came at almost 10 percent for pension fund managers, 11.5 percent for banks, 19.2 percent for brokerages, 25.7 percent for insurers and 41 percent for TFI investment houses.