Business - n.a.

BTV: Moderate Increase in Profits

Published: February 10, 2012; 12:36 · (Vindobona)

The Austrian regional bank for Tyrol and Vorarlberg reached growth in profits, total assets and lending.

BTV: Moderate Increase in Profits / Picture: © BTV

According to BVT, the bank could realize a “solid result” in 2011. The preliminary results were published today. Profits after taxes rose from € 49.2m to € 53.5m (+8.9%). Total assets grew by 3.9% from € 8.9bn to € 9.2bn. Thus, for the first time in the bank´s history, the € 9.0bn-threshold was exceeded.

Lending was up by 4.4% from € 5.8bn to € 6.0bn. “There…

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BTV: Moderate Increase in Profits

The Austrian regional bank for Tyrol and Vorarlberg reached growth in profits, total assets and lending.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.