Poland’s Millennium says rate cuts to reduce its net interest income

WARSAW (Reuters) – Recent interest rate cuts will reduce Bank Millennium’s net interest income in 2020 by 160-190 million zloty ($38.06-45.20 million), the Polish lender’s Chief Executive Joao Bras Jorge told reporters on Monday.

(Reporting by Alicja Ptak; Writing by Marcin Goclowski)