Poland's Bank Millennium SA (MIL.WA), a unit of Banco Comercial Portugues SA (BCP.LB), said Tuesday its fourth-quarter net profit rose 11.6% on the year due to lower provisions and higher interest income.

MAIN FACTS:

-- Millennium's fourth-quarter net profit rose 11.6% to PLN125.1 million.

-- The bank's net interest income rose 17.9% on the year to PLN300.5 million.

-- Net fee and commission income dropped 0.6% to PLN128.8 million.

-- Provisioning for non-performing loans was at PLN36 million, down 23.4% from corresponding period of last year.

-By Patryk Wasilewski, Dow Jones Newswires; +48 22 447 2430; patryk.wasilewski@dowjones.com