GDANSK (Reuters) - Santander Bank Polska said on Tuesday it was increasing the estimated costs of credit vacations based on current data including customer participation.
The Polish arm of Spain's Banco Santander (BME:SAN) now assumes about 61% of qualified customers will make use of the scheme and sees the resulting costs lowering its fourth quarter gross financial result by about 159 million zlotys ($35.11 million).
($1 = 4.5288 zlotys)