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Bank Austria Posts Net Profit of EUR 776 Mln in H1 2014

Published: August 6, 2014; 17:45 · (Vindobona)

Net profit rises by 34.3 per cent to EUR 776 million compared with the same period of the previous year.

Willibald Cernko: “We have had a good second quarter, with net profit for the first six months significantly higher than in the same period of the previous year." / Picture: © UniCredit Bank Austria

Bank Austria’s results for the first six months of 2014:

> Stable operating performance from customer business reflects weak credit demand, low market interest rates and exchange rate effects
>> Lending volume totals EUR 118 billion, up by 1.9 per cent on year-end 2013 despite negative exchange rate effects; down by 1.7 per cent compared with…

This article includes a total of 2737 words.

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