WARSAW, April 16 (Reuters) - Polish banks expect their net profit to rise 11.4 percent in 2019, financial market regulator KNF said in a report on Tuesday.
KNF said lenders expect Poland’s gross domestic product to grow by 3.2-4.2 percent this year, compared to 3.8 percent assumed for 2019 state budget and 3.5 percent expected by the European Commission.
Polish banks’ aggregated net profit amounted to 14.5 billion zlotys ($3.83 billion) in 2018. ($1 = 3.7814 zlotys) (Reporting by Agnieszka Barteczko; editing by David Evans)
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