BNP Paribas' Polish unit posts 18% profit drop on higher taxes
GDANSK: The Polish unit of France’s BNP Paribas reported a second-quarter profit below market expectations on Wednesday, hit by impairment losses and a hike in corporate income tax. Poland’s government last year announced a hike in banks’ corporate income tax to 30% for 2026 to fund increased defence spending. BNP Paribas Bank Polska’s quarterly net profit fell 18% from a year ago to 599.8…
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