Polish Bank Millennium 4Q Net Profit Up 11.6%
31 1월 2012 - 4:49PM
Dow Jones News
Poland's Bank Millennium SA (MIL.WA), a unit of Banco Comercial
Portugues SA (BCP.LB), said Tuesday its fourth-quarter net profit
rose 11.6% on the year due to lower provisions and higher interest
income.
MAIN FACTS:
-- Millennium's fourth-quarter net profit rose 11.6% to PLN125.1
million.
-- The bank's net interest income rose 17.9% on the year to
PLN300.5 million.
-- Net fee and commission income dropped 0.6% to PLN128.8
million.
-- Provisioning for non-performing loans was at PLN36 million,
down 23.4% from corresponding period of last year.
-By Patryk Wasilewski, Dow Jones Newswires; +48 22 447 2430;
patryk.wasilewski@dowjones.com