Raiffeisen Polbank nets PLN 129.3m in 2013
March 31, 2014
Raiffeisen Polbank, a Polish unit of the Austrian financial group, netted PLN 129.3 million in FY 2013, up from PLN 69.1 million a year earlier.
Banking income increased 9.6% year on year to PLN 1.86 billion.
C/I ratio measured 74.9%.
Assets fell 2.9% to PLN 48.7 billion, as loans to clients declined 5.9% to PLN 33.4 billion. Deposits declined accordingly, by 5.2% y/y, to PLN 30.9 billion.