February 23, 2018 / 4:19 PM / 9 months ago

BRIEF-Idea Bank Updates Impairment For Q3 2017

Feb 23 (Reuters) - Idea Bank SA:

* SAYS THAT IT WILL CORRECT ITS THIRD-QUARTER 2017 NON-CONSOLIDATED AND CONSOLIDATED RESULT BY 34.3 MILLION ZLOTYS GROSS (27.9 MILLION ZLOTYS NET)

* THE CORRECTION COMES AS IT HAS DECIDED TO RECOGNISE AN IMPAIRMENT LOSS OF 34.3 MILLION ZLOTYS AFTER REVIEWING ITS CREDIT PORTFOLIO AS AT END-SEPT.

* IT WILL PUBLISH CORRECTED REPORT FOR THE THIRD-QUARTER SEPARATELY

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Further company coverage: (Gdynia Newsroom)

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