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The Warsaw Voice » Business » May 14, 2014
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BNP Paribas Polish unit’s profits down in Q1
May 14, 2014   
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Polish unit of French BNP Paribas posted PLN 24.6 million net profit in Q1 2014, down from PLN 30.8 million in the prior-year period, the bank's Q1 consolidated report showed.

The net result excluding a one-off that had significantly boosted the Q1 2013 profit would have been PLN 9.3 million higher y/y, the bank said in a press statement.

The quarterly result on banking activity at PLN 197.6 million shrank from PLN 217.1 million in Q1 2013, with net interest income down 2.7% y/y to PLN 139.6 million and net fee income down 1.8% y/y to PLN 34.4 million. Net trading income slid 23.9% to PLN 17.8 million.
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