Warsaw (Puls Biznesu) - Bank BPH, the listed bank which is going to be merged with Pekao, is going to exceed PLN 1 billion (EUR 259m) of net income this year.
For the first time in history, we will manage to have PLN 1 billion of net income this year, Jozef Wancer, Bank BPH CEO boasted. His bank will be Poland's third bank to achieve such a result.
Surprisingly, investors did not welcome the news. Shares dropped 1.41 percent yesterday. (PLN 1 = EUR 0.259)
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