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Poland: Raiffeisen Polbank Increases Net Profit
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Net profits for Raiffeisen Polbank, the Polish branch of the Austrian lender, achieved a considerable increase in net profits.

Net profits at Raiffeisen Polbank came at PLN 129.3m in the business year 2013 up from PLN 69.1m in 2012. The banking income increased by 9.6 percent to a total of PLN 1.86bn year-on-year while the C/I ratio measured 74.9 percent.
Assets declined by 2.9 percen to PLN 48.bn as the number of credits dropped by 5.9 percent to PLN 33.4bn. As a consequence deposits decreased by 5.2…
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