Sponsored
Article Tools

Poland: NBP Posts No Profits

Published: April 10, 2014; 09:40 · (Vindobona)

In 2013 the Polish National Bank (NBP) posted no profit.

The NBP has posted no profits in 2013. / Picture: © Polish National Bank NBP

According to its audited report, which was approved the by the Monetary Policy Council, the National Bank of Poland posted no profit in the business year 2013, as announced by governor Marek Belka at a news conference on Wednesday.

The zero profit is based on effects of low interest rates, as well as factors NBP has no control of, such as foreign interest rates and overliquidity…

This article includes a total of 73 words.

or Log In

Fast News Search
Related News
Poland: No Danger of Deflation (April 7, 2014)
Poland: Volatility on Financial Market Decreased (April 4, 2014)
Poland: NBP to Stabilize FX Reserves (April 3, 2014)
Poland: Banks Post Profit of PLN 25bn (April 2, 2014)
Poland: Interests on Bank Deposits to Remain Low (March 28, 2014)
Read More
Poland, NBP National Bank of Poland, Leaders, Marek Belka, Earnings, Currency Markets, Banking Industry
Featured
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter