POLAND'S BNP PARIBAS BP Q2 PROFIT JUMPS 36% ON PROVISIONS AND DEFERRED TAX

Poland's BNP Paribas BP announced a bigger than expected 36% jump in second-quarter net profit on Tuesday, supported by a one-off positive impact from deferred tax, and lower legal provisions related to Swiss franc mortgages.

Net profit at Polish unit of BNP Paribas totalled 623 million zlotys ($158.4 million) with steady net interest income of 1.22 billion zlotys. Net fee and commission earnings fell 7% on the year to stand at more than 287 million zlotys.

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