However, he will not take any actions to save the share price of the institutions. "The firm is improving its results. If the shareholders do not notice this, I am not planning to subsidize it by purchasing shares. I prefer to keep private funds in banks to boost its liquidity," said Leszek Czarnecki.
In Q3, Grupa Noble posted a net profit of zł.45.92 million, which is 12 percent more than in the last quarter and 31 percent more than last year. Getin Holding estimates consolidated earnings at zł.160-170 million in Q3, while in Q2 the figure stood at zł.110 million.
Moreover, the institution might purchase a bank in Poland if such an opportunity arises.
Sources: Puls Biznesu, Parkiet (M.M.)
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