Oberbank: Lending Business Grows

Professional Services › Banks ♦ Published: August 1, 2012; 18:49 ♦ (Vindobona)

The Linz-based Oberbank has achieved strong results in the first half year of 2012. Profits remained stable.

Oberbank: Lending Business Grows / Picture: © Oberbank AG / STRADEGY.at (2017)

According to CEO Franz Gasselsberger, Oberbank could surpass the expectations for the first half year. Gasselsberger emphasized that the business atmossphere was highly difficult. Oberbank´s pre-tax profit was up by € 3.5m to € 73m. Net results remained stable at € 59.9m.

Above all, Oberbanks´s growth was due to the expanding lending activities. The bank´s new lending…

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