Strong Profit Growth for Raiffeisen Landesbank Niederösterreich-Vienna

Published: April 20, 2011; 13:33 · (Vindobona)

The annual income of the regional bank rose by 80.5% to € 308.6m. The operating profit grew by 57.8%.

Strong Profit Growth for Raiffeisen Landesbank Niederösterreich-Vienna / Picture: © Raiffeisen Bank International

Total assets of € 32,682.8m show a growth of 3.1% or € 984.2 m compared with the total assets figure of € 31,698.6m in 2009.

The operating result in 2010, at € 341.9m, was excellent. Compared with the previous year (€ 216.7m), it grew by € 125.2m or 57.8%. he operating income increased by € 134.8m or 34.8%, administrative expenses increased by € 9.6m or…

This article includes a total of 194 words.

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