Raiffeisen Reports EUR94M Net Profit In Romania, Down 6.5% On Year

03.29.2012 By Andrei Circhelan , Andrei Circhelan

Austrian group Raiffeisen Bank on Thursday reported in its financial results for 2011 a 6.5% year-on-year decline of its profit after tax in Romania, to EUR94 million, despite higher revenue and lower provisions.

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