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Oberbank: Slow Expansion Strategy to be Continued

Published: April 2, 2014; 19:13 · (Vindobona)

The Austrian regional bank starts to enter the stage in two German states. The net income has reached a new record level.

Oberbank Expands Further / Picture: © Flickr

Last year, Oberbank achieved the best results in its history for the fourth time in a row. In 2013, the ninth-largest Austrian lender has registered a 10.1% increase in net income. In total, net income came at € 122.4m. The core capital quota was up to 12.3%. According to Oberbank, not only the business customer segment, but also the private customer segment grew…

This article includes a total of 220 words.

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