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BKS Bank Continues Expansion Course
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The Carinthian/Styrian regional bank recorded an increase in profit of 11.7%. Step-by-step expansion in international markets will be continued.
BKS Bank Continues Expansion Course / Picture: © BKS 3 Banken Gruppe
BKS Bank, member of the 3-Banken Group, achieved a slightly positive development of results in the first half of 2011. Profit after taxes increased from € 19.6m (2010) to € 21.9m. After a strong rise in the previous year, risk provisions declined by € 3.3m to € 22.5m. Total risk provisions amounted to € 162m at the end of June.
The regional bank’s balance sheet total…
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