AutoBank with Improved Half-Year Results

Professional ServicesBanks ♦ Published: August 1, 2011; 20:39 ♦ (Vindobona)

The Austrian specialist bank increased new business volume by 4.2%. Stable growth was achieved in all areas.

AutoBank with Improved Half-Year Results / Picture: © Autobank AG

AutoBank AG, the group and brand independent full-service bank with focus on financing cars and auto dealers, was able to further improve its results in the second quarter of 2011. Having returned to black figures in the first quarter, the bank achieved a net result of € 417,000 by the end of June. The increase was based on a significantly improved operating result of €…