VKB Records Rise in Results

People ♦ Published: January 28, 2012; 12:18 ♦ (Vindobona)

The regional bank VKB´s operating result improved by 9.0%.

VKB Records Rise in Results / Picture: © Vindobona.org

For 2012, VKB´s chairman is confident. “We do not see any reason to be pessimistic.”, Albert Wagner said after the presentation of the preliminary results of 2011.

Both deposits and lending was up by 2.0% to € 2.147bn and € 2.162bn correspondingly. Operating results rose by 9.0% to 20.6%. EBT will reach about € 12.0m, Wagner said. The tier-1 capital quota could be…

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Albert Wagner, VKB, Upper Austria, Earnings, Germany, Banking Industry
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