Profil:
Santander Bank Polska SASantander BP lender sees over PLN 1.05 bln in consolidated cost of FX mortgage risk in Q4
Listed lender Santander Bank Polska expects the impact of changes to the estimates due to legal risk related to the portfolio of FX mortgages on the consolidated profit (before tax) for the fourth quarter of 2024 to be PLN 1,054.6 million (EUR 247.2 mln), the bank said in a market filing.
The lender said that the cost of PLN 815.4 million (EUR 191 mln) was for the bank and PLN 239.2 million (EUR 56 mln) was for its unit, Santander Consumer Bank.
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