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Profits Increase for Banks in Austria

Published: December 29, 2010; 00:48 · (Vindobona)

The profitability in the first three quarters of 2010 of Austrian banks shows continued strong growth.

Profits Increase for Banks in Austria / Picture: © Flickr

In the first three quarters of 2010, the operating income increased, compared with last year, by 8.2% to € 14.05bn. The largest increases were observed in interest and financial transactions, as well as in all other components of operating income. The increase in net interest income by 4.8% to € 6.88bn was due to the greater decrease in interest…

This article includes a total of 225 words.

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