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The Warsaw Voice » Business » May 13, 2014
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Bank BPH profits decline in Q1 2014
May 13, 2014   
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Bank BPH netted PLN 28.0 million in Q1 2014, down by 35.2% quarter on quarter, the bank said in a report.

For the core earnings, net interest income shrank by 2.6% from Q4 2013 to PLN 234.9 million. But fee income grew by strong 16.9% q/q to PLN 92.5 million.

Declines were also apparent on the balance sheet with total assets down by 3.3% from the previous quarter to PLN 31.92 billion.

Loans slipped by 1.4% q/q to PLN 22.55 billion, while deposits fell by a 4.5% q/q to PLN 12.76 billion.
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