15th March 2013
Thursday, May 23rd, 2013
Banks increase profits from fees and commissions
Even though not all Polish banks have published financial results for 2012, data from the Polish Financial Supervision Authority show that it was a record year for the sector. The total profit of the banking sector is estimated at z³.16.1 billion. As lending activity is gradually shrinking, institutions are more likely to increase fees and commissions to earn more.
In 2012, the estimated total profit on fees and commissions for the whole sector was as much as z³.14.3 billion.
The difference between interest paid to customers and interest gained by the banks on loans was z³.35.5 billion.
From Warsaw Business Journal
Also check out:
Financial results: PGNiG's profit up, Asseco's down, GTC with a loss
Banks expect increase in consumer loan demand
PKO BP plans to create own mortgage bank
Banking sector consolidation 'optimal' says regulator
Bond issue from BG¯ worth z³.3.5 billion
Financial results: PGNiG's profit up, Asseco's down, GTC with a loss
Banks expect increase in consumer loan demand
PKO BP plans to create own mortgage bank
Banking sector consolidation 'optimal' says regulator
Bond issue from BG¯ worth z³.3.5 billion
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