Raiffeisen Bank Zrt Profit Rises Over HUF 103 bln in 2023
The after-tax profit of Austrian-owned Raiffeisen Bank Zrt rose 43% to HUF 103.3 billion in 2023, an earnings report shows.
Net revenue from interest and dividends climbed 44% to HUF 201.1 bln. Net revenue from commissions and fees increased 11% to HUF 81.5 bln.
Raiffeisen Bank Zrt had total assets of HUF 4.432 trillion at the end of December, up 3% from 12 months earlier.
The stock of client loans fell 4% to almost HUF 1.765 tln. Client deposits increased 3% to just above HUF 2.986 tln.
Raiffeisen Bank Zrt's market share, based on total assets, stood at 6%.
HUF 500 mln for Businesses to Protect IP
China-Hungary Cooperation 'Story of Continuous Friendship', ...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
