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By Wojciech Kosc in Warsaw Warsaw-listed Bank Pekao, Poland’s second-biggest lender by assets, posted a net profit of PLN1.4bn (€328.3mn) in the second quarter, marking a 16% decline year-on-year and a 6% drop quarter-on-quarter. The net result came in at 6% below market expectations. The bank’s interest income for Q2 amounted to PLN2.9bn, aligning with analysts’ expectations of PLN2.9bn. Interest income thus fell 2% y/y and 5% q/q. Fees and commissions income came in at PLN697mn, matching market estimates of PLN695.9mn. This represents a 1% y/y increase and a 4% rise in q/q terms. Write-offs,…

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