Net interest income rose 15% to 1.27 billion zlotys and net interest margin climbed 15 basis points to 5.96%, Alior said. The lender managed to improve its credit portfolio quality and increase its size.
Polish lender Alior Bank said on Wednesday it planned to earmark 570 million zlotys ($143.29 million) for its first-ever dividend payout, after its annual net profit nearly tripled. "DPS (dividend per share) may reach 4.4 zlotys, which would imply a dividend yield of 5%," Erste Group analyst Lukasz Janczak said. Alior Bank shares opened 1.1% higher and were 1.0% up at 0921 GMT.