Raiffeisen Bank International sees nine-month profit down to EUR 60 mln in Romania
Raiffeisen Bank International posted an after-tax profit of EUR 60 million in the first nine months of 2011 in Romania, a drop of 29.1 percent on the same period of 2010, the group has announced. The group's provisions stayed the same at some EUR 52 million, while its assets grew by 10.9 percent, reaching some EUR 6.2 billion in Romania.
Raiffeisen Bank International (RBI) holds a 99.49 percent stake in Raiffeisen Bank SA. In Romania, Raiffeisen bank had 542 units at the end of July, 2011, around 100,000 SMEs and 8,000 corporate clients.
editor@romania-insider.com
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