BTV with Record Figures in 2010

Professional ServicesBanks ♦ Published: March 26, 2011; 13:02 ♦ Updated: March 26; 13:03 ♦ (Vindobona)

The regional bank for Tyrol and Vorarlberg was able to increase its net income from 20.4% to 61.8%.

BTV with Record Figures in 2010 / Picture: © BTV

With an annual income before taxes of € 61.8 m, it had its best result since being founded.

The rapid recovery of the SME business in 2010 caused the credit business of the bank to grow by 6.9% to € 5.9bn. Never before has BTV granted such a high volume in loans. Within the segments, the credit volume to private clients increased by € 109m to €1.6bn, to corporate…

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