RLB Burgenland’s Profits Increase

Professional ServicesBanks ♦ Published: February 4, 2011; 09:41 ♦ (Vindobona)

Burgenland's regional bank recorded an operating profit of € 49m for 2010, which represents a slight improvement compared with 2009.

RLB Burgenland’s Profits Increase / Picture: © Raiffeisen Bank International AG / S. Klimpt

According to Julius Marhold, Chairman of the Board of Raiffeiselandesbank Burgenland (RLB), the total assets volume of € 6.0bn is roughly unchanged. Equity increased to € 463m (+3%) and the volume of deposits rose by 2.7% to € 5.5bn. The regional bank counted approximately 216 000 customers in 2010. The customer base could be expanded, according to Marhold, in the direction of…