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Strong Earnings Growth for Hypo Steiermark
The operating profit of Hypo Steiermark rose to 21.5 million euro, more than doubling the previous year’s result.

The balance sheet profit of the Styrian mortgage bank, at € 8.0m, was twice as high in 2010 than in 2009. The operating income increased by 17% to € 21.5m. Total assets grew by 5.6% to € 5.3bn. An increase of deposits of € 207m was recorded. According to CEO Martin Gölles, the figures confirm the "path taken since the 2008 realignment". Growth has taken place mainly in the core…
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