Sponsored Content
Drastic Cut in Profit at RLB Lower Austria-Vienna
Sponsored Content
After net income of € 308.6m in 2010, the figure went down by 64.5% last year. Write-offs in Hungary, bank taxes and the lower result at RZB are the main reasons.

Last year, the regional bank RLB Lower Austria-Vienna recorded a net income of € 109.7m after € 306.6m the year before. The bank´s tier-1 equity quota reached 9.4% (after 9.1% in 2010). Operating results grew by 0.3% to € 233m. Pre-tax profits were up by 2.9% to € 166.6m.
RLB´s equity quota stood at 14.1% at the end of 2011, which exceeds the 8.0% threshold…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Higher Earnings at RLB Tyrol (April 6, 2012)
Raiffeisen: Buchleitner Succeeds Hameseder (April 4, 2012)
Konrad to Leave RZB (April 2, 2012)
RLB Burgenland Records Rise in Profits (February 2, 2012)
Scharinger: „Rating Agencies Are Instruments of Torture“ (January 24, 2012)
Sponsored Content
Read More