Sponsored Content
Banking Industry: Slower Growth Expected
Sponsored Content
Due to the weak results in Eastern Europe, the Austrian banking industry faces only decent net income figures in the second quarter of 2012.
Banking Industry: Slower Growth Expected / Picture: © Vindobona.org
Last week, the Austrian Central Bank (OeNB) announced a substantial rise in profits at domestic banks in the first quarter of 2012. Against the first quarter of 2011, a profit increase of 58.0% was registered. In the reference period, the consolidated net income totaled € 1.35bn. However, the rise in results was mainly due to special effects, resulting in the revaluation of assets and…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Sponsored Content
ISIN
Sponsored Content