Poland's banking sector nets PLN 11.7 bln in Q1 2025, up 16.1 pct y/y - c. bank
Poland's banking sector saw a PLN 11.7 billion (EUR 2.73 bln) net profit in the first three months of 2025, up by 16.1 percent year on year, Poland's central bank reported.
Polish lenders' net operating income after March totalled PLN 34.5 billion (EUR 8.06 bln), up 12.5 percent year on year.
Administrative expenses amounted to PLN 14.8 billion (EUR 3.5 bln), an increase of 12.5 percent year on year.
Write-offs (impairment or reversal of impairment on financial assets not measured at fair value with a valuation effect charged to the income statement) amounted to PLN 1.28 billion (EUR 299 mln), down 13.0 percent year on year.
pel/ ao/