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Report: CEO of PKO sees 'strong' single-digit boost in FY profit

PKO Bank Polski SA CEO Zbigniew Jagiello expects the lender will see "strong" single-digit profit growth in 2017, Reuters reported April 4 after Rzeczpospolita.

The state-controlled bank posted 2016 group net profit attributable to equity holders of the parent company of 2.87 billion Polish zlotys, an increase from 2.61 billion zlotys in 2015.

As of April 3, US$1 was equivalent to 3.99 Polish zlotys.