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Polish bank PKO Q2 profit down 2 pct, slightly above forecast
August 28, 2017 / 5:02 AM / 3 months ago

Polish bank PKO Q2 profit down 2 pct, slightly above forecast

WARSAW, Aug 28 (Reuters) - Poland’s largest lender, PKO BP , on Monday reported an almost 2 percent fall in second-quarter net profit, despite a rise in net interest income and net fee income, mainly due to a one-off transaction that boosted its result a year ago.

The state-run bank reported a net profit of 857 million zlotys ($240.36 million), slightly above analysts’ expectation of 831 million zlotys. ($1 = 3.5655 zlotys) (Reporting by Marcin Goclowski; Editing by Sunil Nair)

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