The first quarter of 2017 was very good for the Polish economy, which is also visible in PKO Bank Polski’s performance. The after-tax profit earned by the PKO Bank Polski group after the first quarter of 2017 reached PLN 525m, once again the highest result in the banking sector. The consolidated profit on business activities amounted to PLN 2.97bn and was 10.7 per cent higher than the year before. Thus, the bank maintained double-digit profit growth. The contributing factors included an increase in lending and deposit volumes, a higher interest margin and fee & commission income, which has improved on the back of growing business volumes.