Raiffeisen Bank 9-Month Net Profit Falls 25% YoY To RON536M

11.14.2019 By Ecaterina Craciun

Raiffeisen Bank on Thursday said it ended the third quarter of 2019 with a net profit of RON536 million, down 25% from the year-earlier period, due to provisioning the participation in housing loan subsidiary Aedificium Banca pentru Locuinte, and to the methodological changes of credit risk provisioning.



To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

 
Keywords:
Raiffeisen Bank
, results