June 1, 2020 / 6:36 AM / a month ago

BRIEF-Bank Pekao Says Rate Cuts To Lower Group's Net Result By 650-700 Mln Zlotys In 2020

June 1 (Reuters) - Bank Polska Kasa Opieki SA:

* SAID ON FRIDAY THAT DECISIONS OF POLAND’S MONETARY POLICY COUNCIL REGARDING REDUCING REFERENCE RATE WILL LOWER GROUP’S NET RESULT IN 2020 BY ABOUT 650-700 MILLION ZLOTYS AS A RESULT OF LOWERING THE INTEREST MARGIN BY ABOUT 45 BASIS POINTS

Source text for Eikon:

Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below