Poland's banking sector with PLN 31.07 bln net profit in Jan-Sep, up 47.9 pct y/y - c. bank
Polish banking sector posted a net profit of PLN 31.065 billion (EUR 7.2 bln) in January-September 2024, up by 47.9 percent year on year, Poland's central bank NBP reported. The sector's profit in September only amounted to PLN 2.235 billion (EUR 514.5 mln).
Polish banks' total net operating income amounted to PLN 96.42 billion (EUR 22.2 bln) in the January-September period, up by 14.2 percent year on year.
Administrative expenses amounted to PLN 37.54 billion (EUR 8.6 bln), up by 11.5 percent year on year.
Impairments in January-September 2024 were at PLN 4.75 billion (EUR 1.1 bln), down 8.2 percent year on year.
seb/ nl/