PKO BP sees interest margin may grow

WARSAW: Net operating margin at PKO BP, Poland's top lender, may grow 10-20 basis points over the coming 12 months from 4.4 percent at present, finance director Bartosz Drabikowski said on Monday.

Chief executive Zbigniew Jagiello reiterated he saw 2011 net profit at around 4 billion zlotys ($1.4 billion) after the bank reported a better-than-expected 40 percent rise in 2010 net profit to $1.1 billion in 2010.