Polish banks' net profit down 8 pct in H1:regulator

August 6, 2015 1:40 PM

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WARSAW Aug 6 Poland's banking sector aggregated net profit fell 8 percent year-on-year in the first half of 2015 to 7.96 billion zlotys ($2.1 billion), financial sector regulator KNF said on Thursday.

Record low-interest rates ate into margins causing a 9-percent drop in net interest income to 17 billion zlotys.

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