Record quarterly result thanks to further revenue growth, high efficiency cost and stable credit risk costs
Record net profit of PLN 2.78 bn in the third quarter
Further solid growth of interest income by 26.1% y/y, with volume growth above market dynamics and improvement of the quarterly interest margin
Increase of fees and commissions result by 5.8% q/q, clearly above market dynamics
High level of cost effectiveness with C/I ratio at 30.9% despite visible price pressure on the dynamic of operating costs
Effective risk management with CoR at 47 bp, NPL at a record low level of 3.59%
and high level of coverage ratio
Further strengthening of the solid capital base with Tier 1 at 19.25%, +50 b.p. q/q