Raiffeisen Banca pentru Locuinte 2011 Net Profit Halves As Costs Rise

04.11.2012 By Florentina Dragu

Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL), a unit of Austria’s Raiffeisen Bank, Wednesday said its net profit halved to 500,000 lei (roughly EUR114,300) in 2011, due to higher marketing and distribution costs.

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