GDANSK (Reuters) - Santander Bank Polska said on Tuesday it was increasing the estimated costs of credit vacations based on current data including customer participation.
GDANSK (Reuters) – Santander Bank Polska said on Tuesday it was increasing the estimated costs of credit vacations based on current data including customer participation.
The Polish arm of Spain’s Banco Santander now assumes about 61% of qualified customers will make use of the scheme and sees the resulting costs lowering its fourth quarter gross financial result by about 159 million zlotys ($35.11 million).
($1 = 4.5288 zlotys)
(Reporting by Karol Badohal, editing by David Evans)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:
