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