BZ WBK is among few Polish banks that have avoided making any losses over the last three months. The bank reported its net profit rose to PLN 380m in the second quarter of 2012, surpassing market estimates. Analysts predicted the bank would earn up to PLN 351m at best. BZ WBK’s net interest income also increased, though its net fee and commission revenue fell by 2.3 percent over the second quarter, compared to the same period in 2011. The bank said the drop was a result of lower broker revenues and a drop in investment fund sales.
