Oberbank Announces Results for Third Quarter 2010

Professional Services › Banks ♦ Published: November 16, 2010; 13:20 ♦ (Vindobona)

Due to the expansion of interest and commission income and a stable cost structure, Oberbank has achieved an excellent result.

Oberbank Announces Results for Third Quarter 2010 / Picture: © Oberbank AG / STRADEGY.at (2017)

The result of Oberbank AG was better than in the first three quarters of last year and better than in the first three quarters of 2008, before the financial crisis.

Interest income rose by 21.0% to 238.9 million euro; commission income for 75.3 million euro (+13.9%) is  the result of the much improved securities’ business.

This results in an increase in operating income…

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