Polish Bank Zachodni WBK, which is being put up for sale by AIB, doubled its net profit in the first quarter of the year. The results beat expectations due to lower provisions for bad loans.
BZ WBK said it earned 233 million zlotys (€60m) in the three months.
A long list of European banks are reported to be interested in buying AIB's 70% stake in BZ WBK after AIB was forced to put it on the block to help meet financial targets set by the regulator.
