Poland's biggest bank, PKO BP (PKO.WA), is expected to report a 73% year-on-year drop in second-quarter net profit, following provisions for loans in Swiss francs and an institutional protection scheme (IPS) contribution, a Reuters poll showed on Tuesday.
State-run PKO BP is expected to report a net profit of 335 million zlotys ($72.26 million) for the quarter, the survey of eight banks and brokerages showed.
That would result in a net profit of 1.75 billion zlotys for the first half of 2022.
The 73% drop compared with the same period a year ago follows a 1.18 billion zlotys provision for Swiss franc loans, and a 872 million zlotys contribution paid to an IPS.
