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Rising Profit at Bank Austria

Published: August 3, 2012; 17:15 · (Vindobona)

Bank Austria posts net profit of € 646m for the first six months. Net operating profit was up by 11.1 per cent. Lending volume rises by 3.3 per cent to € 136bn.

Rising Profit at Bank Austria / Picture: © UniCredit Bank Austria

Bank Austria’s CEO Willibald Cernko: “Our extensive presence in Austria and 18 countries in Central and Eastern Europe has proved to be effective also in the volatile market environment which prevailed in the first six months. While uncertainty on the part of investors continued and credit demand was marked by restraint, we achieved 11.1 per cent growth in our net operating profit.…

This article includes a total of 1614 words.

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