Austrian Raiffeisen Bank International in the first quarter increased its net profit by 81% due to a reduction in the volume of problem loans, the finversia.ru project wrote with reference to the bank’s accounts. Quarterly consolidated net profit amounted to 399 million euros. Analysts had predicted the figure at 244 million euros. The share of accumulated problem loans declined to 5.4% of total loans from 5.7% at the end of 2017. The capital adequacy ratio of the first level was 12.8%. The Bank has kept the goal – to achieve in the medium-term the indicator at the level of 13%. The operating profit of Raiffeisen Bank in Eastern Europe grew by 3.8%.
Gold price is rising in anticipation of a slowdown in the US interest rate growth31.10.2018
Pfiza net profit following the results of the first nine months increased by 28%17.12.2018
Most economists expect fewer rate hikes from Fed03.12.2018
Financial Commission announces that Etheralabs joins Blockchain Association