Erste Group profits at €764.2m thru Q3

6 November 2015

Erste Group posted a 2.5-percent increase in assets in the first nine months of the year. “The significant profit of €764.2m reported in the first nine months of 2015 was supported by several positive developments: the higher-than-expected 3.1 percent lending growth, lower risk costs and limited extraordinary effects compared to last year,” said Andreas Treichl, CEO of Erste Group.

The group’s asset volume totaled €201.2bn at the end of September.

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