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Bank Austria: Results for the First Nine Months of 2010
Bank Austria experienced a significant drop in profits as well as operating results. However, the third quarter of 2010 showed an outstanding performance.
Bank Austria: Results for the First Nine Months of 2010 / Picture: © Uni Credit Group Bank Austria
Net interest income continued to increase over the preceding quarters, rising to € 3,513m for the first nine months of 2010. The 6 per cent decline from the figure for the comparable period of the previous year was mainly due to weaker net interest income from international financial market trading activities and in Treasury (1-9 2009: € 3,743m).
Operating income in the third…
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