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Poland's Bank Pekao Q3 net rises 3 pct, slightly above forecasts
November 8, 2017 / 6:23 AM / 13 days ago

Poland's Bank Pekao Q3 net rises 3 pct, slightly above forecasts

WARSAW, Nov 8 (Reuters) - Poland’s second-largest bank, state-run Bank Pekao, said on Wednesday its third-quarter net profit rose by 3 percent year on year to 536 million zlotys ($146.36 million) as an accelerating economy improved demand for banking services.

Pekao’s bottomline came slightly above the average of analysts forecasts of 530 million zlotys. ($1 = 3.6622 zlotys) (Reporting by Agnieszka Barteczko; Editing by Sunil Nair)

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