Polish lender Pekao Q2 net profit in line with expectations
WARSAW, August 5
WARSAW, August 5 (Reuters) - Bank Pekao booked a 6-percent fall in net profit in the second quarter, in line with forecasts, due to a one-off boost from the sale of a large chunk of its bond portfolio a year earlier, Poland's No.2 lender said on Tuesday.
Pekao, the Polish arm of Italy's UniCredit, earned 685 million zlotys ($220.5 million) compared to 662 million seen in an analyst poll. ($1 = 3.1067 Polish Zlotys) (Reporting by Marcin Goclowski)