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Record Profit at Zachodni Bank

Published: October 25, 2013; 22:09 · (Vindobona)

The third-largest Polish lender has published the results for the third quarter. Net results are well above the estimates.

Record Profit at Zachodni Bank / Picture: © Bank Zachodni WBK

Due to the takeover of its Polish competitor Kredyt Bank SA, Bank Zachodni WBK SA posts the highest quarterly net in its history. In total, net income was up by 61% to € 137m. On average, Zachodni Bank was expected to post a net income of € 96m. Last year, Zachodni Bank´s net income reached € 366m. CEO Mateusz Morawiecki is optimistic to exceed the results posted in…

This article includes a total of 253 words.

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