Thanks heavily to its successful retail expansion, BRE Bank's net interest margin has expanded by 50% in between 2001-2012, or by 75 bp, from 1.47% in 2001 to 2.22% in 2012.
That is especially remarkable in the environment of declining interest rates. In between 2001-2012, Polish long-term interest rates fell by a half while rates on the short end dropped by two thirds in the same period
Helgi Library 
