Getin Noble Bank Announces Earnings Results for the Second Quarter and First Half Of 2018; Provides Earnings Guidance for the Second Half of 2018; Reports Impairment Charges for the Second Quarter of 2018
For the first half, the company reported net loss of PLN 163.8 million against a PLN 114.1 million loss a year ago.
The bank expects to post profits for the second half of 2018. For the period the bank expects to improve both its net fee income and net interest income.
For the quarter, the company's impairments was PLN 238.6 million were twice the first quarter count, but down on the prior year period.