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Kacper - 2 Anna Banacka - 2 Joao Bras Jorge - 1 Jorge - 1 Fernando Bicho - 1 Bicho - 1 Marta Maciag - 1 Adrianna Ebert - 1
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Search resuls for: "Anna Banacka"


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☆ Poland's Bank Millennium aims to conclude 1,000 settlements a quarter on FX loans
  + stars: | 2023-10-27 | by ( Marta Maciag | ) www.reuters.com   time to read: +3 min
A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland April 28, 2016. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsGDANSK, Oct 27 (Reuters) - Poland's Bank Millennium (MILP.WA) aims to conclude 1,000 settlements every quarter with customers regarding Swiss franc loans, Chief Executive Joao Bras Jorge said on Friday. Last year the Polish government introduced a so-called credit vacation to help borrowers deal with higher interest rates in Poland. Bank Millennium, majority owned by Portugal's Millennium bcp (BCP.LS), said it will not propose a dividend for 2023. Bank Millennium posted a third quarter net profit of 103 million zlotys ($24.40 million), reversing a 1 billion zloty loss a year earlier.
Persons: Kacper, Joao Bras Jorge, Jorge, Fernando Bicho, Bicho, Marta Maciag, Adrianna Ebert, Anna Banacka, Susan Fenton Organizations: REUTERS, Swiss, Bank, Portugal's, Thomson Locations: Warsaw, Poland, GDANSK, Switzerland
☆ Poland's mBank hopes to offer 2% mortgage loan in September
  + stars: | 2023-08-02 | by ( ) www.reuters.com   time to read: 1 min
Commerzbank's Polish unit mBank's logo is seen in Warsaw, Poland, May 31, 2023. REUTERS/Kacper Pempel/File PhotoGDANSK, Aug 2 (Reuters) - Poland's mBank (MBK.WA) expects a drop in write-offs in future quarters from those in the second quarter, its chief executive said on Wednesday. CEO Cezary Stypulkowski also said the bank hopes to offer 2% mortgage loans in September, a special product with state subsidised instalments. We hope that in September we will be able operationally to offer the loan," said Stypulkowski. He added that for the bank's customers, this is an important product to offer.
Persons: Kacper, Cezary Stypulkowski, homebuyers, Anna Banacka, Louise Heavens, Jason Neely Organizations: REUTERS, Thomson Locations: Warsaw, Poland, GDANSK
☆ Poland's PKO BP 2022 net profit falls 31.6% y/y
  + stars: | 2023-03-10 | by ( ) www.reuters.com   time to read: +1 min
GDANSK, March 10 (Reuters) - Poland's biggest lender PKO BP's (PKO.WA) full-year 2022 net profit slumped nearly 32% year-on-year to 3.33 billion zlotys ($751.78 million), it said on Friday. The result was above analysts' forecast of 3.29 billion zlotys. The financial results were impacted by provisions for legal risk related to foreign exchange mortgage loans and costs of credit holidays that amounted to 1.91 billion zlotys and 3.11 billion zlotys respectively in 2022.Credit holidays, which are a temporary halt on loan payments, were introduced in Poland in 2022. The state-owned bank reported a net interest income for the year at 11.81 billion zlotys, boosted by an increase in Polish interest rates from 0.50% to 6.75% year-on-year. ($1 = 4.4295 zlotys)Reporting by Anna Banacka Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
☆ EU top court adviser backs FX borrowers, Polish bank stocks fall
  + stars: | 2023-02-16 | by ( Anna Koper | ) www.reuters.com   time to read: +3 min
The country's KNF financial watchdog has warned that the banking sector could face a 100 billion zlotys hit in case of an unfavourable ruling. He added that if Polish courts grant remuneration to consumers the additional cost would be similar in the worst case scenario. Hundreds of thousands of Poles took out mortgages in foreign currencies, mainly in Swiss francs, attracted by lower interest rates. Many mortgage holders took banks to court, while banks started offering settlements to find an out-of-court solution. The total stock of foreign currency mortgages in Poland stood at almost 79 billion zloty in December based on the latest available KNF data, with Swiss franc mortgages accounting for over 52 billion zloty.
☆ LPP will pay dividend next year, says CFO
  + stars: | 2022-12-15 | by ( ) www.reuters.com   time to read: 1 min
GDANSK, Poland, Dec 15 (Reuters) - Next year Polish clothing retailer LPP (LPPP.WA) will pay a dividend, the company's chief financial officer (CFO) said during a teleconference on Thursday, a day after the company published its third quarter results. Przemyslaw Lutkiewicz added that the group would like to pay a dividend every year and that sales dynamics in December were positive. Reporting by Anna Banacka and Adrianna Ebert, editing by Alan CharlishOur Standards: The Thomson Reuters Trust Principles.
☆ Ten Square Games in no rush to carry out acquisitions
  + stars: | 2022-11-22 | by ( ) www.reuters.com   time to read: 1 min
GDANSK, Nov 22 (Reuters) - Polish mobile game producer Ten Square Games (TENP.WA) is not actively seeking merger opportunities, its CEO said on Tuesday. "We are in no rush to carry out acquisitions at this moment," Maciej Zuzalek said. Reporting by Anna Banacka and Mateusz Rabiega Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
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