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Banks are approaching reunification
Raiffeisen International, the listed Ostbankenholding of the sector, has ended the first quarter of 2010 better than expected.
Banks are approaching reunification / Picture: © Flickr / St. Petersburg International Economic Forum
Profit of Raiffeisen International and RZB increased - Ratings are fixed
Raiffeisen International, the listed Ostbankenholding of the sector, has ended the first quarter of 2010 better than expected. The risk provisions fell by one third (295 million euros), the profit has nearly doubled to 166 million euros in comparison to last year's first quarter.
Operating profit fell…
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