Poland: Bank BZ WBK Expects High Growth of Profit

Businessn.a. ♦ Published: April 30, 2014; 15:36 ♦ (Vindobona)

The Polish affiliate of Spanish Banco Santander, Bank BZ WBK, expects net profits in 2014 to increase compared to last year’s volume.

BZ WBK expects to beat the rest of Polish banks. / Picture: © Flickr / mjaniec

With an anticipated growth rate of three to five percent in net profit growth exceeds the expectations of the entire banking sector, as announced by CEO Mateusz Morawiecki. “This year we would like to improve net profit," Morawiecki told a news conference. "I think that BZ WBK net profit growth will be higher than the 3-5% growth rate expected for the banking sector in…